Information Provided By:
Fly News Breaks for October 13, 2015
GE
Oct 13, 2015 | 07:14 EDT
William Blair analyst Nicholas Heymann upgraded General Electric to Outperform with a $32 price target. The conglomerate closed yesterday up 1c to $28.08. Earnings from the company's Alstom Energy acquisition and data analytics business offer "significant sources of incremental upside potential, potentially by a large margin," Heymann tells investors in a research note. The analyst sees the potential for GE shares to possibly double to about $60 per share by 2020.
News For GE 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 | 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."