Deutsche Bank upgraded General Motors (NYSE: GM) from Hold to Buy. Analysts raised the price target for the automaker to $90 from $83. The bank suggests a recent stock pullback provides an attractive entry point for a multi-year re-rating.
The upgrade reflects confidence in GM’s operational resilience and ability to navigate geopolitical volatility. Analysts expect the company to maintain control over its profit drivers through its current vehicle mix.
GM plans to launch a next-generation truck platform in 2027. Asset write-downs have narrowed projected losses within the electric vehicle segment. Shares rose in pre-market trading and continued to trade higher during the day.