Should You Be Optimistic About Auto Earnings?

JPMorgan’s Ryan Brinkman and his team have a preview of the automakers’ upcoming first quarter reports, writing that their earnings estimates are above consensus for both General Motors (GM) and Ford (F).

Brinkman has an Outperform rating on both GM and Ford, with price targets of $48 and $15, respectively, which reflect a significant amount of upside potential–unlike his $185 price target for Tesla (TSLA), which he rates at Underweight.
Source: Barrons

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