Morgan Stanley Upgrades General Motors (GM) Stock to Overweight
General Motors Company (NYSE:GM) is one of the Most Undervalued Stocks to Buy Right Now. On December 8, Morgan Stanley upgraded the company’s stock to “Overweight” from “Equal Weight,” with a price objective of $90, up from the prior target of $54, as reported by The Fly. The firm cited execution gains, improvement in capital discipline as well as a more favorable mix shift towards high-margin trucks and SUVs for the upgrade. Morgan Stanley Upgrades General Motors (GM) Stock to Overweight As per the anal ...