Morgan Stanley says to buy General Motors’ ‘overblown’ dip
The stated buy-the-dip view and substantial gap to the target support a bullish interpretation, but this remains an analyst opinion.
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The stated buy-the-dip view and substantial gap to the target support a bullish interpretation, but this remains an analyst opinion.
What happened, with direct paths to the underlying reporting
Morgan Stanley’s headline characterizes GM’s dip as overblown and recommends buying, with a stated $95 target versus a posted price of $77.09. Shares were down 1.27% since the signal.
Target: $95
Posted price: $77.09
Analyst firm: Morgan Stanley
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