General Motors Downgraded: Trade War Impacts Drive Stock Decline

General Motors (GM) has been downgraded to ‘Underperform’ from ‘Market Perform’ by Bernstein analysts, reflecting concerns over trade tariffs and their potential impact on the company’s financial performance. The stock price target was lowered significantly, suggesting a more cautious outlook for GM’s valuation. This follows new tariffs on vehicles and parts, which are expected to negatively affect GM’s free cash flow and adjusted earnings per share in the coming years.