GM stock gets a downgrade amid worries about a recession

Analysts at Deutsche Bank soured on General Motors Co., saying in a note Monday they have turned “much more cautious” about auto makers on growing worries about a recession in the U.S. and Europe, and that GM stands to lose the most from ensuing price pressures on vehicles.

The analysts, led by Emmanuel Rosner, downgraded their rating on GM GM stock to hold from buy.

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