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General Motors Co’s (NYSE:GM) public reveal of its electric pickup Chevrolet Silverado on Wednesday before it goes on sale in early 2023 is expected to be a pivotal move for the legacy automaker as it looks to match rival Ford Motor Co’s (NYSE:F) full-size electric pickup offering, 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, adding that in a bull case scenario the stock could hit $100 over the next 12 to 18 months.
...read full article on Benzinga
