Is General Motors Stock Going to $55? 1 Wall Street Analyst Thinks So.
GMGM(US:GM) The Motley Fool·2024-04-26 19:41

The analyst thinks this auto stock has room to accelerate higher thanks in part to strong cash flow.Up almost 28% since the start of the year, General Motors (GM 0.70%) stock has significantly outpaced the S&P 500 index's 7.1% gain. And the stock's run isn't over yet, at least according to Bernstein analyst Daniel Roeska.Initiating coverage on GM stock, Roeska assigned a $55 price target and an outperform rating. Based on its current price of $45.94, Roeska's price target implies an upside of nearly 20% for ...