Buckingham analyst Joseph Amaturo believes the UAW strike "didn't accomplish much" for General Motors, which seems to be on the "short-end of the stick" based on information that has leaked out regarding the company purportedly agreeing to terms meaningfully higher than their original labor offer, "almost across the board." He remains concerned about the pricing and volume cycle in the U.S. and thinks the agreement, as reported, inflates fixed hourly labor rates while the higher rates and signing bonuses will hurt the company's liquidity in the near term, Amaturo tells investors. He keeps a Neutral rating and $32 price target on GM shares, though he also contends that the new labor terms are "not overwhelming for GM given its sheer size" and sees a worst case scenario for GM shares being $26.