GM Stock Upgraded To Buy
Written By: Chris Paukert
Merrill Lynch upgraded General Motors stock from neutral to buy this morning before trading opened on the New York Stock Exchange. This must be some of the best news the General has heard in a long time. Their stock is already up 7% (as of 11:23 a.m. EST). The upgrade is based on the buyout package GM recently offered to 30,000 employees.
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