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Fly News Breaks for January 23, 2017
GE
Jan 23, 2017 | 07:57 EDT
Bernstein analyst Steven Winoker says that GE's Q4 results were "mixed but generally disappointing." However, the analyst remains upbeat on the company's longer term outlook, citing what he sees as its outlook for "portfolio transformation, simplification, improving cash generation and cultural change" over the longer term. Winoker keeps a $40 price target and an Outperform rating on the stock.
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