Citi Increases General Motors Price Target Following Q1 Earnings Beat
Citi raised General Motors' price target to $108 from $105 after the company beat Q1 2026 earnings with adjusted EPS of $3.70, exceeding the $2.62 consensus. Wells Fargo also raised its target but kept an Underweight rating, citing tariff and raw material costs. The market remains divided on GM's ability to defy macroeconomic challenges.
Topics: Analyst Outlook Earnings Beat Market Reaction Price Target Adjustment Tariff Impact