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General Motors Corporation (GM) [hlAlert]

down 85.82 %

General Motors Corporation (GM) downgraded to Underperform with price target $1 by Credit Suisse

Posted on: Monday,  Dec 22, 2008  8:25 AM ET by Credit Suisse

Credit Suisse rated Underperform General Motors Corporation (NYSE: GM) on 12/22/2008, when the stock price was $4.05. Since
then, General Motors Corporation has gained 605.68% as of 10/22/2015's recent price of $28.58.
If you would have followed this Credit Suisse's recommendation on GM, you would have lost 85.82% of your investment in 2495 days.

General Motors Corp. designs, manufactures, and markets automotive vehicles. General Motors also has substantial interests in digital communications, financial and insurance services, locomotives, and heavy-duty automatic transmissions. The company is one of the largest U.S. exporters of cars and trucks with a global presence in countries across the globe.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/22/2008 8:25 AM Sell
4.05 1.00
as of 12/24/2008
1 Week up  176.01 %
1 Month up  84.83 %
3 Months up  74.31 %
1 YTD up  45.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2008 8:25 AM Hold
4.66 2.00
6/24/2008 8:25 AM Hold
12.84 14.00
6/4/2008 10:25 AM Hold
17.30 18.00

(*) Stock Price at the time of the recommendation.
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