Bullish
UBS raises General Motors price target to $114, citing digital growth potential.
UBS has increased its price target for General Motors (GM) to $114, maintaining a 'Buy' rating, due to the company's underappreciated digital and connected services growth. This adjustment reflects confidence in GM's expanding digital revenue streams, which are expected to grow significantly over the next decade.
Key points
- UBS raises GM's price target to $114, citing digital growth.
- GM's stock price remains near its 52-week high, indicating stable investor sentiment.
- No significant market-moving news reported in the past 24 hours.
Sources
AI-generated from public news sources. Not financial advice.
