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BofA Maintains Buy at $105 Target → V8 Recall Class Action + Stock Down 3.75% Past Week

General Motors faces a class action lawsuit stemming from a May 2025 recall of full-size pickup trucks and SUVs equipped with the 6.2L V8 L87 engine due to connecting rod and crankshaft failures, with over 21,000 engines estimated to need replacement. Bank of America Securities maintains a Buy rating with a $105 price target as of March 12, despite the stock declining 3.75% during the week of March 9-13 to close at $72.39. The company appointed Jaclyn McQuaid as VP of Global Product Programs and debuted the 2026 Cadillac Vistiq in China, while GM Motorsports announced expansion plans reflecting continued investment in brand identity despite near-term operational and legal headwinds.

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