General Motors price target lowered to $55 from $63 at Mizuho

Mizuho lowered the firm’s price target on General Motors (GM) to $55 from $63 and keeps an Outperform rating on the shares. The 90-day pause on reciprocal tariffs does not apply to auto and auto parts, implying continued uncertainty and negative impacts to automotive and analog stocks, the analyst tells investors in a research note. The firm cut estimates across the sector.