JP Morgan Maintains Overweight on General Motors, Lowers Price Target to $57
JP Morgan analyst Ryan Brinkman maintains General Motors (NYSE:GM) with a Overweight and lowers the price target from $59 to $57.
Barron’s Top Weekend Stock Picks: General Motors, Netflix, Ally Financial And Famous Tesla Bear And Bull Debate
Benzinga reviews this weekend's top stories covered by Barron's, here are the articles investors need to read.
Tesla’s Price Cuts Stimulate Orders, GM’s Baby Pickup Truck, Ford Wants To Go Solo In Europe And More: Biggest EV Stories Of The Week
The electric vehicle space saw mixed sentiment in the week ended Jan. 20, with technical moves lifting some EV stocks, while the broader market volatility weighed on most others.
Now, here are the key events that happened in the EV space during the week:
Could This Be The Next Big Electric Vehicle For General Motors?
One of the leading traditional automakers is working to transition to electric vehicles with plans for more than 30 models in the future. A new report could highlight the company’s next electric vehicle model which targets a growing market.
As Part Of Total Investment, GM To Invest $579M In Flint Engine Operations In Michigan; Co To Invest $216M In Bay City GPS In Michigan; Co To Invest $55M In Defiance Operations In Ohio; Co To Invest $68M In Rochester Operations In New York
https://investor.gm.com/news-releases/news-release-details/gm-investing-918-million-four-us-facilities-v-8-engine
GM Investing $918M In Four U.S. Facilities For V-8 Engine Production, EV Components; Product Details, Timing, Performance & Features Related To Next Gen V-8 Engine Not Being Released At This Time
https://investor.gm.com/news-releases/news-release-details/gm-investing-918-million-four-us-facilities-v-8-engine
Taking On Elon Musk: This State Legislature Could Ban Electric Vehicle Sales By 2035
While some states work to phase out internal combustion engine vehicles, one of the 50 U.S. states has a unique take on the future of the automotive sector. Here’s the latest.
Nio Dips Lower Following Tesla’s Price Slashes: Here’s What To Watch
Nio, Inc (NYSE: NIO) opened about 3% lower on Friday, in tandem with Tesla Inc (NASDAQ: TSLA), which gapped down about 6% after the EV giant announced it had