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General Motor Co’s (NYSE:GM) ambitious target to more than double revenue by 2030 is achievable and beatable as the legacy automaker switches a majority of its customer base to electric vehicles over the coming years and aims to catch up with electric vehicle leader Tesla Inc (NASDAQ:TSLA), according to Wedbush Securities. The GM Analyst: Wedbush analyst Daniel Ives has maintained a 12-month price target of $85 a share and an “outperform” rating on the stock.
...read full article on Benzinga
