Tigress Financial analyst Ivan Feinseth raised the firm’s price target on General Motors (GM) to $92 from $88 and keeps a Strong Buy rating on the shares. The firm views the company’s Q3 report as “resilient,” drive by record sales, market share gains, and strong cash flow. Tigress sees accelerating revenue growth and profitability for the company.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GM:
- GM, Stellantis to lose portions of Canadian tariff exemptions, Bloomberg reports
- “Game On.” Ford Stock (NYSE:F) Slips on Plans to Return to the Nurburgring
- Rivian (RIVN) to Fire over 600 Employees as EV Credit Phase-Out Bites Automakers
- Trump Trade: U.S. weighs curbing software exports to China
- General Motors price target raised to $78 from $60 at Argus
