General Motors price target raised to $80 from $60 at JPMorgan

JPMorgan analyst Ryan Brinkman raised the firm’s price target on General Motors (GM) to $80 from $60 and keeps an Overweight rating on the shares. The firm moved its price target to December 2026 from 2025 and now sees 31% potential upside in the shares. After hosting management for meetings, JPMorgan “materially” increased its earnings estimates for GM’s 2026. The company spoke of improved business resiliency which should allow it to manage through changing tariffs and emissions regulations, the analyst tells investors in a research note. JPMorgan rolled out 2027 earnings per share estimate of $11.50, which is 13% above the Street, saying GM will start to benefit from its $4B plan to repatriate the manufacturing of vehicles currently produced in Mexico.