Wedbush raised the firm’s price target on General Motors (GM) to $65 from $55 and keeps an Outperform rating on the shares. The firm “incremental momentum” to the company’s growth in 2026 as it navigates tariff headwinds. GM’s production relocation and logistics strategies should soften the tariff impact, the analyst tells investors in a research note. Wedbush believes General Motors is “embarking down a major path of growth” with a stronger electric vehicle market position relative to the past few years. The launch of new models over the next 6-12 months that could catalyze consumer demand for GM, contends the firm.
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