Wedbush Hikes GM’s Price Target to $95 as Stock Hits Record High

Wedbush Hikes GM’s Price Target to $95 as Stock Hits Record High

Wedbush has raised its price target on General Motors for the third time in four months, as the company’s stock continues to climb despite previous challenges with tariffs and policy changes. The firm increased its price target on GM from $55 to $65 in mid-August, then to $75 in October, and has now hiked it to $95. The target implies an 18% potential upside from Wednesday’s closing price of $80.51. Despite posting losses over the past two days,…