Goldman Sachs analyst Mark Delaney boosted the outlook for General Motors (GM), raising the firm's price target from $93 to $98 while maintaining a Buy rating on the shares.
- The positive revision follows news last week regarding a substantial $7.1 billion Q4 charge related to EV scalebacks and China restructuring.
- The stock is trading higher today, currently priced at $81.58 (+0.83%).