Credit Suisse is initiating coverage of General Motors Company GM with an Outperform rating and 12-month price target of $43.
“After a quick stint in bankruptcy, the primary outcome of which was a balance-sheet cleansing and the installation of new management and Board, we think GM offers an attractive 12-18 month investment opportunity,” Credit Suisse writes.
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Posted In: Analyst RatingsAutomobile ManufacturersConsumer DiscretionaryCredit SuisseGeneral Motors Company
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