GM Shares Hit the Gas

GM announced hundreds of layoffs today primarily from its engineering hub in Detroit as the latest cost cutting measure. Morgan Sandley's on the analyst Adam Jonas upgraded the sites very clever upgrade the stock to an overweight from an under equal weight excuse me raise this price target to 38 bucks over 13% higher than today's close. Mike Kuff more options action. Tune into the full show that's Friday 5 30 PM Eastern time coming up GM driving higher the stock getting a boost as one analyst revs up his rating. What could share be that the turn of corner will trade that with best money returns.