Option Millionaires

[jimmybob]

Citi more confident in potential GM upside case of $134/share
Citi analyst Itay Michaeli says he left a meeting with management on Friday even more confident in his General Motors transformation thesis, particularly as it relates to future autonomous mobility and his prior long-term high-end upside potential case of $134 per share. Management regards autonomous vehicles as the biggest thing since the internet, and GM is in a leading position, Michaeli tells investors in a research note. He reiterates a Buy rating on General Motors with a Street-high price target of $53