General Motors (GM) Investor Day, Wedbush With An Outperform Rating
b"Dan Ives weighs in on the General Motors (GM) Investor Day. Wedbush has an outperform rating on the stock with a $85 price target. He says that the company's financial targets are achievable and ultimately beatable. Also, by 2026, GM will be able to convert 20% of their installed base to electric vehicles. The company plans to double annual revenue by 2030 to $280B, and says it plans to surpass Tesla (TSLA) as the U.S. leader in E.Vs."