Wedbush raised the firm’s price target on General Motors (GM) to $75 from $65 and keeps an Outperform rating on the shares. The firm notes the company reported its Q3 earnings featuring strong beats on the top and bottom lines and raised its bottom-line expectations for FY25 across the board as GM saw continued share gains across its ICE/EV businesses, while seeing a lower-than-expected impact from tariffs. Wedbush cites increasing confidence in GM as it continues to “navigate the tariff storm.”
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