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home / articles / GM - What's Going On With General Motors Shares Today? | Benzinga

GM - What's Going On With General Motors Shares Today? | Benzinga

General Motors Company

General Motors Company (NYSE: GM) shares are trading higher on Thursday.

The company has been upgraded to Outperform from Peer Perform at Wolfe Research, with a price target of $42.

The upgrade follows GM's report of a 14% surge in 2023 U.S. vehicle sales to 2.6 million, driven by a 61% increase in Buick and a 20% rise in GM Envolve sales.

The automaker has been upgraded as the company is believed be better positioned to benefit from a more moderate interest rate environment.

Also See: Full story available on Benzinga.com
Stock Information
Company Name: General Motors Company
Stock Symbol: GM
Market: NYSE
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