General Motors Co. stock got an upgrade to equalweight from underweight by analysts at Morgan Stanley, who cited the shares’ recent metrics in relation to peers as a “temporary peak in profit heading into a unsustainable and difficult future.” GM could pursue changes in its core business that would impact share price significantly, the Morgan Stanley analysts said. That would include seeking alternatives for its Cadillac division and forming a separate auto technology and transport entity, they said. Shares of GM are flat on Wednesday, and are down 1.4% so far this month, underperforming the S&P 500 index , which is up 0.5% in the same period.
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