Wedbush raised the firm’s price target on General Motors (GM) to $95 from $75 and keeps an Outperform rating on the shares as the company continues to navigate the macro storms heading into 2026 with a marquee focus on driving cash flow growth through its strong ICE business while executing better than its auto peers who have struggled in the EV transition. The firm believes the company is prepared for all options on the table as it balances its ICE and EV strategies and sees GM embarking down a major path of growth ahead with ICE models starting to make up a larger portion of its business.
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