"Analysts Recommend Buying General Motors and Outperforming Verizon"

1 min read
Source: Investing.com
TL;DR Summary

General Motors received a Buy initiation and an upgrade from HSBC and Mizuho Securities, with price targets of $41.30 and $42.00 respectively, citing factors such as the resolution of the UAW strike, profitable EV production, and a significant share repurchase plan. Verizon Communications was initiated with an Outperform rating by Exane BNP Paribas, with a price target of $47.00. Carvana saw a surge in shares after JPMorgan upgraded the company to Neutral and raised its price target to $40.00, noting its unique approach to online-only used vehicle retailing. CyberArk Software was upgraded to Overweight by Wells Fargo, with a price target of $250.00.

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