Mizuho Raises GM's Price Target to $78 Amid Strong Q3 Performance and Favorable Market Shifts

Mizuho raised its price target on General Motors to $78 from $67 on November 19, following strong Q3 results and a favorable 2026 outlook due to lower tariff expectations and a shift away from earlier electric vehicle timelines. The analyst reiterated an Outperform rating, citing the company's strong third-quarter performance and improved guidance. General Motors designs, manufactures, and sells a wide range of vehicles and automotive parts.