Why General Motors Stock Popped Today
Shares of General Motors (NYSE: GM) rose 5.6% on Monday, following positive analyst remarks.
GM is poised to emerge as a leader in autonomous and electric vehicles. So says Wells Fargo analyst Colin Langan, who placed an overweight rating and a $67 price forecast on the automotive giant's stock this morning. Langan's price target represents potential gains for investors of roughly 10%, compared with the stock's current price near $61.
Analysts at Wells Fargo are growing more bullish on GM's shares. Image source: Getty Images.
Source Fool.com
