Morgan Stanley Downgrades This Auto Giant – Read Why
Morgan Stanley analyst Adam Jonas downgraded General Motors Co (NYSE:GM) from Overweight to Equal-Weight and reduced the price target to $55.00 from $75.00, implying…
Morgan Stanley Downgrades General Motors to Equal-Weight, Lowers Price Target to $55
Morgan Stanley analyst Adam Jonas downgrades General Motors (NYSE:GM) from Overweight to Equal-Weight and lowers the price target from $75 to $55.
10 Consumer Discretionary Stocks Whale Activity In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
‘Chevy Bolt About To Join EV 1 & Volt In GM’s Electric Car Graveyard’ -Clean Technica Report
https://cleantechnica.com/2022/02/07/chevy-bolt-about-to-join-ev-1-volt-in-gms-electric-car-graveyard/
Why Jim Cramer Believes Loves Berkshire Hathaway, Skeptical On Rivian
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is not a fan of Gilead Sciences, Inc. (NASDAQ: GILD).
"They have what I call big hat, no cattle, and I like ones that have cattle," he added.
EV Week In Review: Tesla Revs Up Supply Chain, Volkswagen Underlines China Thrust, Ford-GM Hint At Faster EV Transition, Fisker Bound For Europe And More
EV stocks rebounded following the weakness seen in the previous two weeks, thanks to the broader market recovery amid big tech news flow. The week witnessed monthly delivery updates from the Chinese EV trio, earnings reports from the Detroit duo, both of which are seriously pursuing EV transitions.
Here are the key events that happened in the EV space during the week:
Biden Won’t Acknowledge Tesla, And Now The White House Wants Elon Musk’s Help With The Chip Shortage
As Tesla Inc (NASDAQ: TSLA) fans continue to urge President Joe Biden to acknowledge the role Tesla has played in America's electrification efforts, a White House official has called upon Tesla for help with the chip shortage.
Why GM Shares Are Falling After Ford’s Earnings Report
Shares of automotive companies, including General Motors Company (NYSE: GM), are trading lower in sympathy with Ford Motor Company (NYSE: F) after the company reported worse-than-expected fourth-quarter EPS and automotive r
Tesla’s Topline Can Exceed Revenues Of GM And Ford Combined: Analyst Says When And How
Tesla Inc (NASDAQ: TSLA) is the frontrunner in EV manufacturing but it has some catching up to do before it can take the title as top auto industry leader.
Morgan Stanley sees this as a very possible scenario.