7 min listen
General Motors (GM) Investor Day, Wedbush With An Outperform Rating
FromSchwab Network
ratings:
Length:
7 minutes
Released:
Oct 6, 2021
Format:
Podcast episode
Description
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.
Released:
Oct 6, 2021
Format:
Podcast episode
Titles in the series (100)
Outlook for Tesla Battery Day by Schwab Network