GM stock rises as Bernberg upgrades shares
In this article:
Yahoo Finance Live’s Brian Sozzi discusses why GM stock is rising Tuesday.
Video Transcript
BRIAN SOZZI: All right, Cathie Wood isn't the only one bullish on General Motors and its EV plans. Berenberg Adrian Yanoshik initiated coverage on GM today at a buy rating with a $55 price target. The analyst thinks GM will have success in pushing through price increases to offset inflation pressures and that the auto business can withstand a modest recession.
