JPMorgan Raises General Motors Stock Price Target Following Strong Earnings
JPMorgan raised its price target for General Motors (GM) to $98 from $97 following the company's first-quarter 2026 earnings, which exceeded expectations. GM benefited from a Supreme Court ruling that invalidated certain tariffs, contributing approximately $500 million to its earnings. The automaker also reported strong underlying performance, with adjusted earnings of $3.70 per share and a 7.5% year-over-year growth in its core business.
Topics: Earnings General Motors JPMorgan Stock Price Target Supreme Court Ruling Tariffs