SQUAWK/NEWS
Menu
Live News EARNINGS H impact

GM - JEFFERIES TURNS BULLISH ON GM Jefferies upgrades GM to Buy and raises its price target to $99 (from $90). The firm expects GM to streng

GM - JEFFERIES TURNS BULLISH ON GM Jefferies upgrades GM to Buy and raises its price target to $99 (from $90). The firm expects GM to strengthen its U.S. market position by 2027, with $10B+ in free cash flow driven by new truck launches, efficiency gains, and digital services. Jefferies also sees room for additional buybacks, lifting its 2026–2028 earnings forecasts.

GM - JEFFERIES TURNS BULLISH ON GM Jefferies upgrades GM to Buy and raises its price target to $99 (from $90).

The firm expects GM to strengthen its U.S. market position by 2027, with $10B+ in free cash flow driven by new truck launches, efficiency gains, and digital services.

Jefferies also sees room for additional buybacks, lifting its 2026–2028 earnings forecasts.