RBC Capital Maintains Outperform on General Motors, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan has maintained an 'Outperform' rating on General Motors (NYSE:GM) and raised the price target from $58 to $65.
October 23, 2024 | 7:16 pm
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RBC Capital has reaffirmed its 'Outperform' rating for General Motors and increased the price target to $65, indicating confidence in GM's future performance.
The increase in price target from $58 to $65 by RBC Capital suggests a positive outlook on GM's future performance. This is likely to boost investor confidence and could lead to a short-term increase in GM's stock price.
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