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Fly News Breaks for April 24, 2015
GM
Apr 24, 2015 | 08:23 EDT
As previously reported, Buckingham downgraded General Motors to Neutral from Buy and reduced its price target to $37 from $42. The firm said GM's North America EBIT came in well below expectations despite the favorable pricing environment. Buckingham has concerns in GM's ability to maintain high truck average transaction prices, combined with already weak car average transaction prices, and has concerns about the international automotive business and pricing in China.
News For GM From the Last 2 Days
GM
Apr 18, 2024 | 09:05 EDT
