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Fly News Breaks for June 27, 2018
BHGE, GE
Jun 27, 2018 | 08:06 EDT
As previously reported, Oppenheimer analyst Christopher Glynn upgraded General Electric (GE) to Perform from Underperform based on potential for portfolio plan to unlock some value, and diminish liabilities. The analyst notes that GE's announced break-up plans target a remaining core of Aviation, Power and Renewables, through process of Healthcare separation, exit 62.5% stake in Baker Hughes (BHGE) over two to three years, and pending transaction for Transportation.
News For GE;BHGE From the Last 2 Days
GE
Apr 25, 2024 | 06:36 EDT
Citi raised the firm's price target on GE Aerospace to $186 from $120.43 and keeps a Buy rating on the shares. The company's' Q1 was better than expected and it modestly increased its full-year EBIT outlook, the analyst tells investors in a research note. The firm says commercial aftermarket demand remains robust.
GE
Apr 24, 2024 | 09:33 EDT
GE
Apr 24, 2024 | 09:24 EDT
GE
Apr 24, 2024 | 09:07 EDT
GE
Apr 24, 2024 | 06:58 EDT
BofA analyst Ronald Epstein raised the firm's price target on GE Aerospace to $180 from $165 and keeps a Buy rating on the shares. GE boasts a unique portfolio with exposure across aircraft manufacturers, aircraft classes, legacy/new/nextgen platforms, and aftermarket/OE customers, says the firm, which believes GE is "strongly positioned to benefit from secular commercial aero growth."
