General Motors upgraded by Deutsche Bank to Buy with $60 price target, citing strategic initiatives

From Financial Modeling Prep: 2025-01-21 10:38:00

General Motors (NYSE:GM) saw a 1% pre-market share increase after Deutsche Bank upgraded the company to Buy with a $60 price target. GM’s strategic initiatives, operational performance, and share buyback plan were cited as reasons for the upgrade. Key factors include addressing challenges in China and advancements in autonomous vehicles.

Analysts believe GM’s proactive steps position it well for 2025, despite macroeconomic risks and uncertainties under the new Trump administration. Stable pricing dynamics and potential positive surprises from policies could support a more optimistic outlook. GM is expected to report strong fourth-quarter results, differentiating itself from competitors like Ford.

For 2025, GM is projected to sustain flat year-over-year EBIT with EPS growth, driven by substantial share repurchases. In contrast, Ford may see lower EBIT due to pricing challenges, although cost management efforts could help offset some of the impact. GM’s aggressive capital return strategy and operational execution were highlighted as strengths.



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