0903 ET - General Motors was quick to act in redirecting its electric vehicle strategy and is now seeing the benefits, say Wedbush analysts, who raise their price target to $95 from $75. As Ford takes a massive charge to pull away from EVs, GM has been ahead of the game in refocusing on internal combustion engines and significantly reducing its EV footprint. "GM has been multiple steps ahead of the curve with its EV adjustments," the analysts say. "With GM looking to re-calibrate around high-demand, high-margin businesses, we believe the company is taking the right approach to navigate the EV storm." (nicholas.miller@wsj.com)
(END) Dow Jones Newswires
December 18, 2025 09:03 ET (14:03 GMT)
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