GM Stock Pops on Deutsche Bank Upgrade Ahead of Q4 Earnings | Global News Avenue

General Motors Corporation stock (General MotorsThe automaker’s shares rose on Tuesday after analysts at Deutsche Bank upgraded the stock ahead of the automaker’s fourth-quarter earnings report.

Analysts upgraded shares of the Chevrolet and Cadillac parent company from “hold” to “buy” and raised their price target to $60 from $56, a premium of about 18% to GM’s closing price on Friday.

In a report previewing the U.S. automaker’s fourth-quarter earnings, analysts said they expect GM’s stock to continue to outperform rival Ford’s stock.F) in 2025. “For the fourth quarter itself, we think GM will report near the high end of its guidance range, while Ford should be more in line with expectations,” they wrote.

China’s restructuring and cancellation of cruise projects are seen as positive moves

Analysts note GM’s recent decisions, such as discontinuing Development of Cruise Robot Axis and Reorganization it is China business in troubleas a positive strategic move.

They also said the company’s “consistent execution record and positive stock buyback trajectory” gave them confidence in the stock, despite the potential for policies from the new Trump administration that would be harmful to the electric vehicle industry.

Looking ahead to next fiscal year, analysts expect GM to maintain a flat year-over-year forecast Earnings before interest and taxes (EBIT)and Ford may lower its guidance for the same metric. General Motors will report fourth-quarter results before the market close on January 28, while Ford is expected to report after the market close on February 5.

GM shares were up 5% on Tuesday afternoon and have risen 50% in the past 12 months.