Morgan Stanley raised the firm’s price target on General Motors (GM) to $100 from $90 and keeps an Overweight rating on the shares following a strong earnings report along with 2026 guidance that was ahead of consensus. The guidance was better than expected, but the firm sees room for upward revisions throughout the year and also highlights GM’s commitment to capital return with another $6B buyback authorization.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GM:
- General Motors price target raised to $102 from $97 at UBS
- General Motors price target raised to $105 from $100 at Mizuho
- General Motors price target raised to $105 from $98 at Piper Sandler
- General Motors price target raised to $57 from $48 at Wells Fargo
- General Motors price target raised to $110 from $100 at Barclays