General Motors Analyst Turns Bullish, Raises Price Target By 18%
I'm PortAI, I can summarize articles.
Analyst Alexander Potter from Piper Sandler has upgraded General Motors' rating from Neutral to Overweight and raised the price target by 18% from $66 to $78. He believes GM can outperform consensus estimates due to minimal exposure to China and a less punitive EPA. Earnings estimates for 2025, 2026, and 2027 have been increased to $10.65, $12.27, and $14.02 per share, respectively. Despite challenges in electric architecture and autonomous driving, GM remains profitable. Shares fell 3.29% to $82.31 at publication.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments