Related: Analysts scramble to reset Tesla price targets as stock soars after earnings And there's at least one stock analyst who sees a similar story being played out by General Motors (GM) , which produced some shagadelic first-quarter results on April 23.

General Motors (GM) receives positive analyst reviews and raises profit expectations for FY24, leading to increased price targets.

General Motors on Tuesday posted quarterly results that topped Wall Street targets and the automaker raised its annual forecast, citing stable pricing and demand for gasoline-engine vehicles, and its shares rose 4.

Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.

General Motors posted strong first quarter earnings this week, offsetting declines in sales with better pricing.

General Motors on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 5%. The Michigan automaker upped its adjusted pre-tax profitprojection for the year to $12.

Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles