GM，F up?# Stock
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General Motors (GM +2.4%) shares were strong after J.P. Morgan initiated
coverage of GM and Ford (F) at Overweight (I, II). "Our positive outlook
balances a challenging environment in Europe with the healthiest North
American automotive industry in decades and significant opportunity in
emerging markets," the firm said in setting price targets of $29 for GM and
$13 for Ford.
coverage of GM and Ford (F) at Overweight (I, II). "Our positive outlook
balances a challenging environment in Europe with the healthiest North
American automotive industry in decades and significant opportunity in
emerging markets," the firm said in setting price targets of $29 for GM and
$13 for Ford.