Analysts: GM’s Production Cycle Is Strong and 3 More Research Notes to Explore
General Motors (NYSE:GM): CLSA has brought shares of GM from Underperform to Buy, since it is positive of GM’s production cycle in the U.S. and its turnaround potential in Europe. It also raised its price target from $31 to $40.
Williams-Sonoma (NYSE:WSM): Bank of America/Merrill Lynch has downgraded shares of Williams-Sonoma, citing valuation concerns and a lack of catalysts. It puts a $60 price target on the stock.
Qlik Technologies (NASDAQ:QLIK): Channel checks conducted by BMO Capital leads the firm to believe that data points for Qlik and the business intelligence 2.0 sector remain positive, and that Qlik will benefit from several big trends. BMO keeps an Outperform rating on the shares.
L Brands (NYSE:LTD): Jefferies has lowered its rating on L Brands, due to slowing sales and margin pressures. It also deflated its price target, from $46 to $40.
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