Piper Sandler raises GM's price target, cuts Ford and Rivian targets; positive.

From StockTwits: 2025-03-21 15:16:00

Piper Sandler analyst raises GM’s price target to $48 from $45, maintains ‘Neutral’ rating, highlighting the company as the top Detroit-based automaker. GM expects adjusted EPS of $11-$12 and adjusted EBIT of $13.7B-$15.7B in 2025. Ford’s price target cut to $9, predicts full-year adjusted EBIT of $7B-$8B for 2025. Rivian’s price target slashed to $13, expects lower EV deliveries this year. Retail sentiment on GM and Ford remains ‘bullish,’ while Rivian sentiment is ‘neutral.’ GM shares up 14% in past year, Rivian up 4%, Ford down 20%. Rivian plans to pause production for new vehicle launch.



Read more at StockTwits: Piper Sandler Raises Price Target On General Motors After Trimming Estimates For Rivian And Ford