Wall Street Gives Thumbs Up to General Motors Stock
Despite the events of June 2009, General Motors has come back from bankruptcy stronger than critics expected, going public again this past November and receiving rave stock reviews from investors.
Investment analysts at Barclays Capital and Credit Suisse issued promising reviews of GM’s stock today, setting price targets over $40. GM’s stock is currently trading for just over $35. Barclays gave GM stock an “overweight” rating, meaning that the brokerage firm expects the stock to perform ex…
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Thumbs Up! GM rebadges LaCrosse as Daewoo Alpheon in South Korea
2011 Daewoo Alpheon at the 2010 Busan Motor Show
Besides introducing Chevrolet to the South Korean market with the 2010 Camaro, GM introduced a new sedan called Alpheon – a mid-size sedan that is basically a rebadged 2010 Buick LaCrosse.
“With the introduction of the all-new Alpheon luxury sedan, we have added another attractive model to our product portfolio and our first entry in the fast-growing upper-midsize segment in Korea,” said GM Daewoo President and CEO Mike Arcamone. “I am confide…