JPMorgan Boosts General Motors (GM) Profit Estimates, Cites Global Production, Penalty Eliminations

General Motors Company (NYSE:GM) is one of the best inexpensive stocks to buy now. On January 21, JPMorgan raised its price target on General Motors to $100 from $85 with an Overweight rating. The firm raised its 2026 profit estimates for General Motors and positioned its forecasts well above the market consensus to account for strengthening global production. The firm anticipates billion-dollar tailwinds for the automaker, primarily driven by the elimination of federal penalties previously linked to non-c ...