Wall Street analysts are bullish on automaker General Motors Company (GM). The stock is expected to reach $43.25 in the near term, indicating a potential upside of 13%.
Although the company surpassed the consensus EPS estimate by 19.6% in the last quarter, its revenue missed analyst estimates by 0.4%. The company has raised its fiscal 2022 guidance and expects automotive free cash flow to increase to $10-11 billion from its previous guidance of $7-9 billion. Also, it expects an adjusted EPS of $6.75-$7.25.
