Morgan Stanley Upgraded General Motors Co. (GM)

General Motors Co. (NYSE:GM) was upgraded by equities researchers at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report released on Monday. The firm presently has a $37.00 price target on the auto manufacturer’s stock, up from their previous price target of $29.00. Morgan Stanley’s target price points to a potential upside of 19.47% from the stock’s current price.

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