DZ Bank Upgrades General Motors to Buy with $98 Price Target

DZ Bank has upgraded its rating for General Motors (GM) from 'Hold' to 'Buy,' signaling increased confidence in the automaker's financial trajectory. The bank set a new price target of $98 per share, following the company's robust earnings report for the fourth quarter. This upgrade is largely driven by GM's optimistic outlook for 2026 and its demonstrated resilience in a competitive global market. Furthermore, the company has committed to shareholder-friendly initiatives, including significant share repurchases and a notable hike in dividend payments. Analysts believe that these strategic moves, combined with strong quarterly performance, significantly enhance the investment appeal of GM stock. The positive sentiment from DZ Bank reflects a broader expectation of continued growth and operational efficiency for the automotive giant.