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Fly News Breaks for November 16, 2015
SYF, GE
Nov 16, 2015 | 07:22 EDT
Deutsche Bank analyst John Inch believes shares of General Electric (GE) shares could correct lower near term as the Synchrony (SYF) split-off transaction nears completion. GE's risks are rising with the industrial economy currently deteriorating, Inch tells investors in a research note. Too many investors are looking far into the future so support their bullish thesis on the stock, the analyst contends. He added the stock to Deutsche's short-term sell list and reiterates a Hold rating on GE with a $28 price target.
News For GE;SYF From the Last 2 Days
