Barclays analyst Dan Levy lowered the firm’s price target on General Motors to $45 from $46 and keeps an Equal Weight rating on the shares. The analyst sees a "low bar" into the Q1 earnings for the U.S. auto and mobility sector. This implies an opportunity for positive share reactions, the analyst tells investors in a research note. End markets have "held in," but more improvement is required, and company outlooks will likely be maintained, the analyst tells investors in a research note. It is positive on Aptiv (APTV) and BorgWarner (BWA) into the quarter and negative on Ford (F).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on GM: