Wedbush Maintains Outperform on General Motors, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an Outperform rating on General Motors (NYSE:GM) and increased the price target from $40 to $45.
January 31, 2024 | 2:16 pm
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POSITIVE IMPACT
Wedbush analyst Daniel Ives maintains an Outperform rating on General Motors and raises the price target from $40 to $45.
The increase in price target by a reputable analyst like Daniel Ives suggests a positive outlook on GM's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100