** Bernstein lifts General Motors' GM.N price target to $41 from $36, still a 23.2% downside from the stock's last close

** Maintains rating at "underperform"

** Brokerage raises company's 2026 earnings forecast on tariff impact clarity and confidence in GM's mitigation strategy, despite an expected fall in volumes and persisting cost pressure

** Says GM's plan to boost U.S. manufacturing may help ease tariff pressure, but expects weak consumer demand to drag margins down to 3.4% by late 2025

** Fifteen of 31 brokerages rate the stock "buy" or higher, 13 "hold" and three "sell" or lower; their median PT is $55 - data compiled by LSEG

** As of last close, stock had edged up 0.24% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))