What Does Wall Street Think About General Motors Company (GM)?

General Motors Company (NYSE:GM) is one of the best affordable growth stocks to buy. On August 19, Wedbush raised the firm’s price target on General Motors Company (NYSE:GM) to $65 from $55, keeping an Outperform rating on the shares.

The analyst told investors that General Motors Company’s (NYSE:GM) logistics strategies and production relocation should soften the impact of tariffs.

The firm believes that General Motors Company (NYSE:GM) is “embarking down a major path of growth”, supported by a stronger EV market position compared to the last few years and the launch of new models in the coming 6-12 months, catalyzing consumer demand for the company.

However, Wells Fargo analyst Colin Langan maintained a Sell rating on General Motors Company (NYSE:GM) on August 15, setting a price target of $38.00.

General Motors Company (NYSE:GM) is involved in the manufacturing, design, and sale of cars, trucks, crossovers, and automobile parts. It is also involved in the development of autonomous vehicles.

The company also provides software-enabled subscriptions and services, with its operations divided into the following segments: GMNA, GMI, Cruise, and GM Financial.

While we acknowledge the potential of GM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.