HomeLifestyleVehiclesGeneral Motors (GM) Investor Day, Wedbush With An Outperform Rating
General Motors (GM) Investor Day, Wedbush With An Outperform Rating

Dan Ives weighs in on the General Motors (GM) Investor Day. Wedbush has an outperform rating on the stock with a $85 price target. He says that the company's financial targets are achievable and ultimately beatable. Also, by 2026, GM will be able to convert 20% of their installed base to electric vehicles. The company plans to double annual revenue by 2030 to $280B, and says it plans to surpass Tesla (TSLA) as the U.S. leader in E.Vs.

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