Wedbush Maintains Outperform on General Motors, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on General Motors (NYSE:GM) and raises the price target from $55 to $60.
October 23, 2024 | 3:24 pm
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Wedbush analyst Daniel Ives has increased the price target for General Motors from $55 to $60 while maintaining an Outperform rating. This suggests a positive outlook for GM's stock.
The increase in price target from $55 to $60 by a reputable analyst suggests confidence in GM's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100