Analyst target for GM=$0 | stockbee


Analyst target for GM=$0

This must be first of its kind.

Deutsche Bank downgraded General Motors Corp.GM 3.60, -0.76, -17.4%) to sell from hold, with a price target of $0, saying the car maker may not be able to fund its U.S. operations beyond December without government intervention. Deutsche Bank said it believes the U.S. government will be compelled to intervene through a capital infusion or loan, but even if GM avoids bankruptcy, equity shareholders are unlikely to get anything back, it added.

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