Goldman Sachs raised its price target on General Motors after the stock's best day since early 2021.
The bank reiterated a buy rating as well as a top pick label, accompanied by a $300 per share price target.
Goldman Sachs also maintained its buy rating and increased its target price to $345 per share from $340.
To be sure, it maintained its $16 per share price target, which implies more than 3% downside from Wednesday's $16.52 close.
— Brian Evans 5:45 a.m ET: Goldman raises GM price target Goldman Sachs analyst Mark Delaney increased his price target on General Motors to $45 from $42 after a series of bullish moves by the auto giant.
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