Seaport says GM is a leader in China, trucks and autonomous cars. Initiates coverage as a buy with $48 price target
https://www.cnbc.com/2019/02/13/seaport-says-gm-is-a-leader-in-china-trucks-and-autonomous-cars.html
Seaport Global initiated coverage on General Motors Wednesday as a buy with a price target of $48, citing the automaker's recent restructuring efforts and its leadership in China, self-driving car technology and the growing light truck segment.
The news comes one day after Reuters reported that GM and Amazon are in talks to invest in electric pickup truck maker Rivian Automotive.
Seaport says GM is a leader in China, trucks and autonomous cars. Initiates coverage as a buy with $48 price target
Feb 13, 2019, 5:46pm UTC
https://www.cnbc.com/2019/02/13/seaport-says-gm-is-a-leader-in-china-trucks-and-autonomous-cars.html
> Seaport Global initiated coverage on General Motors Wednesday as a buy with a price target of $48, citing the automaker's recent restructuring efforts and its leadership in China, self-driving car technology and the growing light truck segment.
> The news comes one day after Reuters reported that GM and Amazon are in talks to invest in electric pickup truck maker Rivian Automotive.