The stock's rise snapped a three-day losing streak.
Deutsche Bank analyst Edison Yu raised his rating on GM stock to Buy from Hold, and lifted his price target to $60 from $56.
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This was the stock's third consecutive day of losses.
Wall Street’s main indexes rose on Tuesday, with the blue-chip Dow at a more than one-month high, as investors assessed President Donald Trump’s executive orders after taking office and awaited his first move on trade policy. In morning trading, the Dow Jones Industrial Average rose 423 points, or 1%, to 43,911.
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The stock's fall snapped a three-day winning streak.
Gift Nifty was trading around 23,153 level, a premium of nearly 50 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.
Wall Street's main indexes rose on Tuesday, with the S&P 500 and the Dow closing at their highest levels in more than a month as investors assessed Donald Trump's first actions as U.S. president and were encouraged that he did not start his second term with blanket tariff increases.
Apple falls after brokerage downgrade 3M rises after fourth-quarter profit beat Walgreens falls after DoJ accusation on opioid prescriptions Indexes up: Dow 1.24 per