Jefferies upgraded General Motors (GM) stock to Buy with a $99 price target, signaling nearly 20% upside from its current price of $82.64. GM raised its 2026 adjusted EBIT forecast to $14-$16 billion and adjusted EPS to $12-$14, driven by strong North American demand and a 43% market share in full-size pickups and SUVs. The company’s Q2 adjusted EPS grew 41% year-over-year to $3.57 on $48 billion revenue, helped by steady vehicle pricing and reduced EV losses. Positive analyst sentiment and GM’s improved profit outlook highlight its growth potential, especially in trucks, SUVs, and electric vehicles.
Jefferies has upgraded Ford and General Motors to 'Buy' ratings, citing improving earnings prospects, stronger free cash flow, and progress on operational challenges. Ford's price target was raised to $17.50 ahead of its Q2 earnings, with expectation...
Jefferies upgraded Ford Motor Company to 'Buy' with a $17.50 price target, suggesting a 22% gain from its current price of $14.35. Ford's attractive 4.24% dividend yield outperforms the S&P 500 average and rivals like General Motors. The company’s st...
An analyst has reaffirmed a Strong Buy rating on General Motors, setting a price target of $104, which implies a 30% upside from the current price of $80. The positive outlook is driven by factors such as the next-generation Silverado and Sierra mode...
