General Motors' Turnaround On Track Despite EV Roadblocks – Analysts Say
GM(GM) Benzinga·2025-01-29 19:07
General Motors Company GM shares are trading relatively flat on Wednesday.Yesterday, the automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating the street view of $1.86. Quarterly sales of $47.70 billion (+11%) outpaced the analyst consensus estimate of $43.606 billion.Here are the analysts’ take on the stock:BofA Securities analyst John Murphy reiterated the Buy rating on the stock, with a price forecast of $85.Wedbush analyst Daniel Ives reiterated the Outperform ...