What Does Wall Street Think About General Motors Company (GM)?

General Motors Company (NYSE:GM) is one of the best affordable growth stocks to buy. On August 19, Wedbush raised the firm’s price target on General Motors Company (NYSE:GM) to $65 from $55, keeping an Outperform rating on the shares.

The analyst told investors that General Motors Company’s (NYSE:GM) logistics strategies and production relocation should soften the impact of tariffs.

The firm believes that General Motors Company (NYSE:GM) is “embarking down a major path of growth”, supported by a stronger EV market position compared to the last few years and the launch of new models in the coming 6-12 months, catalyzing consumer demand for the company.

However, Wells Fargo analyst Colin Langan maintained a Sell rating on General Motors Company (NYSE:GM) on August 15, setting a price target of $38.00.

General Motors Company (NYSE:GM) is involved in the manufacturing, design, and sale of cars, trucks, crossovers, and automobile parts. It is also involved in the development of autonomous vehicles.

The company also provides software-enabled subscriptions and services, with its operations divided into the following segments: GMNA, GMI, Cruise, and GM Financial.

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Disclosure: None. This article is originally published at Insider Monkey.