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UBS lowers General Motors to 'Neutral' - target $51
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has downgraded General Motors from "Buy" to "Neutral" and lowered its price target from $64 to $51. The automaker's sales volumes in the North American market are expected to decline by 9 percent this year, analyst Joseph Spak wrote in a study released Thursday. The tariffs imposed by the US and China are likely to have a price-boosting effect./bek/nas
Publication of the original study: April 10, 2025 / 4:16 a.m. / GMT
First distribution of the original study: April 10, 2025 / 4:16 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein gives General Motors a 'Market Perform' rating
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for General Motors at "Market-Perform" and set a price target of $50. While the new US tariffs do not add to the tariffs on car imports announced last week, analyst Daniel Roeska wrote early Thursday, the overall levies on auto parts are higher than feared. For US automakers, the tariffs on parts, which are likely to start on May 3rd, represent a significant risk that has not been appropriately priced in./ag/mis
Publication of the original study: April 2, 2025 / 10:22 PM / UTC
First distribution of the original study: April 2, 2025 / 10:22 PM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.