• 134
  • 30
  • Favorite

GM shares gains 4% in moring trading.

Tiger Newspress2021-07-09

GM shares gains 4% in moring trading.

General Motors’ push into electric vehicles and software will make Wall Street view it more as a tech company, and that will create a windfall for investors, according to investment firm Wedbush.

Shares of the legacy automaker have jumped more than 34% this year, fueled by a rollout of new plans to shift the company quickly to electric vehicles. The stock has lost steam in the last three months, however.

Wedbush analyst Dan Ives said in a note to clients on Thursday evening that the stock still had significant upside and initiated coverage of GM with an outperform rating.

Wedbush set a price target of $85 per share for GM, which is roughly 52% above where the stock closed on Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment30

  • Grace9
    ·2021-07-10
    Bullish
    Reply
    Report
  • CokePepsi
    ·2021-07-10
    Nice
    Reply
    Report
  • pockoot
    ·2021-07-10
    Wow
    Reply
    Report
  • 冰眼
    ·2021-07-10
    Wow 
    Reply
    Report
  • 1st_78
    ·2021-07-10
    It’s about time to rise
    Reply
    Report
  • KirillR
    ·2021-07-10
    Waiting for less price
    Reply
    Report
  • Rockyspider
    ·2021-07-10
    Hello
    Reply
    Report
  • Rockyspider
    ·2021-07-10
    Helllo 
    Reply
    Report
  • NongTrading
    ·2021-07-10
    [Miser] [Miser] happy yaya
    Reply
    Report
  • Paulll
    ·2021-07-09
    Ok
    Reply
    Report
  • QueenieNgo
    ·2021-07-09
    Like 
    Reply
    Report
  • yagami00
    ·2021-07-09
    Ok. 
    Reply
    Report
  • laulau
    ·2021-07-09
    like my comment pls thank you 
    Reply
    Report
    Fold Replies
    • Brsje
      Done
      2021-07-10
      Reply
      Report
  • moliya
    ·2021-07-09
    Wow.      
    Reply
    Report
  • moliya
    ·2021-07-09
    Wow
    Reply
    Report
  • PS153
    ·2021-07-09
    good
    Reply
    Report
  • kimchee
    ·2021-07-09
    Like
    Reply
    Report
  • Ozehs
    ·2021-07-09
    Go go go go 
    Reply
    Report
  • Jstan
    ·2021-07-09
    Like
    Reply
    Report
    Fold Replies
    • CLOUD1127
      Like
      2021-07-09
      Reply
      Report
    • 1521yes
      like
      2021-07-09
      Reply
      Report
  • EriViL
    ·2021-07-09
    Like and comments 
    Reply
    Report
    Fold Replies
    • Ozehs
      Go
      2021-07-09
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial