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Fly News Breaks for June 28, 2017
GM
Jun 28, 2017 | 07:38 EDT
Morgan Stanley analyst Adam Jonas resumed coverage on General Motors with an Overweight and a $40 price target. The analyst believes the divestiture of its losing Opel operations could trigger a re-rating in shares and could indicate a willingness by the company to exit other international markets where it can not create value sustainability.