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2021-06-22

I need T

Barclays raises its targets for GM and Ford shares as car prices rise

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBarclays raises its targets for GM and Ford shares as car prices rise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 20:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/barclays-raises-its-targets-for-gm-and-ford-shares-as-car-prices-rise.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rising car prices should give an additional boost toFordandGeneral Motorsshares, according to Barclays.\nIncreased demand for cars during the pandemic, as well as productions shutdowns due to the virus...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/barclays-raises-its-targets-for-gm-and-ford-shares-as-car-prices-rise.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GM":"通用汽车","F":"福特汽车"},"source_url":"https://www.cnbc.com/2021/06/22/barclays-raises-its-targets-for-gm-and-ford-shares-as-car-prices-rise.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1119119362","content_text":"Rising car prices should give an additional boost toFordandGeneral Motorsshares, according to Barclays.\nIncreased demand for cars during the pandemic, as well as productions shutdowns due to the virus and supply chain issues, has pushed up the price of cars in the United States sharply over the past year.\nBarclays analyst Brian Johnson said in a note to clients on Tuesday that prices still appear to be rising, and he hiked his price targets for both stocks.\n“Mid-month pricing data indicate stronger-than-expected pricing for both Ford and GM. Indeed, mid-month data show a step-up in average transaction prices and a step-down in incentive spending,” the note said.\nIn particular, the price of large pickup trucks jumped about $2,500 month over month, according to Barclays.\nThe firm raised its price target for Ford to $17 per share from $15 and for GM to $74 per share from $70. Those price targets are roughly 15% and 25%, respectively, above where the stocks closed on Monday.\nBoth stocks have performed well in 2021 as the legacy automakers have rolled out their plans to transition to electric vehicles. 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