Citi analyst Michael Ward raised the firm’s price target on General Motors (GM) to $61 from $59 and keeps a Buy rating on the shares. The company reported better than expected Q2 results despite a hit from tariffs, the analyst tells investors in a research note. The firm believes the U.S. trade agreement with Japan could drive more U.S. vehicle imports into Japan.
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 sell-off ‘overdone,’ but hard to get overly positive, says UBS
- General Motors price target raised to $38 from $34 at Wells Fargo
- General Motors price target lowered to $62 from $65 at BofA
- General Motors Reports Q2 2025 Earnings Amid Strategic Shifts
- GM’s Earnings Call: Record Revenues Amid Challenges