Wedbush Reiterates Outperform on General Motors, Maintains $46 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Daniel Ives has reiterated an 'Outperform' rating on General Motors (NYSE:GM) and maintained a price target of $46.

July 26, 2023 | 12:44 pm
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Wedbush analyst maintains 'Outperform' rating on General Motors and keeps a $46 price target.
The reiteration of an 'Outperform' rating by a well-known analyst like Daniel Ives is a positive signal for General Motors. The maintained price target of $46 also indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100