Morgan Stanley Provides Color on General Motors, Overweight

Morgan Stanley provided color on General Motors GM. In a research report published today, Morgan Stanley discussed the company's options for dealing with the troubled German car maker Opel. In the report, Morgan Stanley states, "How can GM mitigate Opel's financial risks, maintain scale economies and retain intellectual property? In our view, an outright sale of the business does not achieve these objectives. A more viable solution may involve forming an alliance or JV with a trusted strategic partner." Morgan Stanley currently has an Overweight rating and a price target of $50 placed on the company's stock. On Friday, General Motors added 1.43% to its value to end the week at $29. Its shares lost some of Friday's gains in today's pre-market trading, however, sliding 0.97% to $28.72.