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Fly News Breaks for May 14, 2018
GE
May 14, 2018 | 08:36 EDT
Gabelli analyst Justin Bergner initiated coverage on General Electric with a Buy and $22.50 price target. Bergner believes General Electric has the right leadership in place, with high quality assets in Aviation and Healthcare, that provide a margin of safety, and a path to de-leverage which does not require a fire sale of assets.