General Motors Impresses Analysts, Raises Earnings and Guidance

General Motors (GM) exceeded expectations in its Q1 earnings report, leading to positive analyst sentiment and increased price targets. The automaker raised its profit guidance for FY24 and provided a more disciplined EV rollout plan. UBS, Mizuho, and Wedbush Securities reiterated their Buy ratings for GM, citing its strong performance and potential for consistent buyback activity.

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