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GM stock drops on Bernstein downgrade. The problem: 'Earnings headwinds' and cost concerns.

By Yahoo! Finance   |   2 months ago
GM stock drops on Bernstein downgrade. The problem: 'Earnings headwinds' and cost concerns.

Analysts at Bernstein caution investors on GM stock after a significant rise, citing potential headwinds like economic concerns and challenges with EV production. Despite the downgrade, HSBC remains bullish on GM due to discounted valuation and EPS growth compared to peers.

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