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Benzinga
202 days

General Motors' Turnaround On Track Despite EV Roadblocks – Analysts Say

1. GM's Q4 EPS beats estimates at $1.92 versus $1.86 expected. 2. Quarterly sales increased by 11% to $47.70 billion, exceeding forecasts. 3. Analysts maintain positive ratings, with price targets of $85 and $60. 4. Concerns arise over margin pressures and expected price declines in 2025. 5. Analysts noted GM's strategic investments and benefits in the EV market.

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FAQ

Why Bullish?

Earnings beat and strong sales indicate positive momentum, despite some hurdles.

How important is it?

Earnings performance and analyst ratings are crucial for GM's stock outlook.

Why Short Term?

Immediate reactions to earnings are likely; longer-term will depend on EV performance.

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