Reported about 3 hours ago
Citi Research has raised its price target for General Motors (GM) from $61 to $75, reflecting a potential 27% upside. Analyst Michael Ward highlights GM's effective strategies to mitigate tariff impacts despite trade exposure, including pricing adjustments, cost management, and onshoring efforts. With positive developments in trade agreements with countries like South Korea, Canada, and Mexico, GM is forecasted to strengthen its market position further.
Source: YAHOO