Fly News Breaks for March 10, 2015
GM
Mar 10, 2015 | 06:32 EDT
Citigroup raised its price target for shares of General Motors to $50 from $49 saying the car maker's "earnings and overlooked progress" should hold more weight now that its capital allocation is in place. The firm continues to believe shares will trade at premium to Ford by the end of 2015. It thinks the GM bears have "run out of excuses" and keeps a Buy rating on the name.
News For GM From the Last 2 Days