Deutsche Bank Upgrades General Motors Ahead of Q1 Earnings Report
Deutsche Bank upgraded General Motors (GM) to 'buy' from 'hold,' citing the company's operational resilience and potential for a multi-year re-rating. The upgrade comes ahead of GM's Q1 earnings report on April 28, though tariffs are expected to reduce Q1 EBIT by $800 million. GM's stock has risen over 10% in the past month.
Tickers: $GM
Topics: Deutsche Bank Dividend Increase Earnings General Motors Share Buyback Stock Price Tariffs