Seaport says GM is a leader in China, trucks and autonomous cars. Initiates coverage as a buy with $48 price target

Seaport says GM is a leader in China, trucks and autonomous cars. Initiates coverage as a buy with $48 price target

5 years ago
Anonymous $Dftgs0JzgE

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.

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