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Chip Somodevilla/Getty Images General Motors stock is performing like an electric vehicle stock, with shares rallying after a Thursday upgrade. Argus Research analyst William Selesky thinks the company’s push into EVs will work. He upgraded General Motors (ticker: GM) stock to Buy from Hold and set a target price at $56 a share. Selesky didn’t have a target price on GM stock before the upgrade. Business is going much better for GM these days, he wrote, as its balance sheet is strong and profit margins in its U.S. business are improving. What’s more, Selesky thinks i...

A Tesla Model Y at a showroom in Beijing. Wang Zhao/AFP via Getty Images Tesla might be forced to recall 158,000 cars. That’s bad news. But just how bad is debatable. On Wednesday, the National Highway Traffic Safety Administration, or NHTSA, sent a letter to Tesla (ticker: TSLA) requesting the electric-vehicle maker recall cars made between 2012 and 2018 for, essentially, problems with the center touch screen. It could result in the loss of the rearview camera image, to cite one example. Tesla didn’t immediately return a request for comment about its recall plans. Th...

Order Reprints Print Article Penn National, with a host of regional casinos, isn’t as beholden to Las Vegas as other gambling companies are. Here, Penn National’s Tropicana Las Vegas property late last year. Ethan Miller/Getty Images Text size Penn National Gaming’s stock has been on a tear as the company’s regional properties held up well during the pandemic. One analyst thinks it’s now time to bail out. Penn National Gaming (ticker: PENN) operates casinos and other properties in many states, including Pennsylvania, Ohio, Nevada, Illinois, Misso...

Order Reprints Text size An employee pulling a crucible of molten glass from a furnace at the Corning Inc. Sullivan Park Science & Technology Center in Corning, N.Y. Victor J. Blue/Bloomberg Corning shares were trading higher Thursday after Barclays analyst Tim Long raised his rating on the specialty glass maker to Overweight from Equal Weight. The upgrade was part of a broader review of the 2021 outlook for computer hardware stocks. Long also upgraded Juniper Networks (ticker: JNPR) to Overweight from Equal Weight, boosting his target to $28 from $24, ...

Order Reprints Print Article Talk of an automobile designed and sold by Apple just won’t go away. And that’s juicing car stock valuations, even though Apple stock itself hasn’t benefited just yet. Tuesday evening, the Verge reported Apple (ticker: AAPL) held talks in 2020 with electric-vehicle start-upCanoo (GOEV) about a possible investment—or even a takeover. Canoo... Close Talk of an automobile designed and sold by Apple just won’t go away. From