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GE

General Electric

$26.78

-0.01 (-0.04%)

07:22
07/17/17
07/17
07:22
07/17/17
07:22

General Electric resumed with an Equal Weight at Morgan Stanley

Morgan Stanley analyst Nigel Coe resumed General Electric with an Equal Weight and a $27 price target saying there are few catalysts with no firm news on strategy and earnings until post Q3.

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GE General Electric
$26.78

-0.01 (-0.04%)

06/29/17
06/29/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Groupon (GRPN) upgraded to Buy from Neutral at B. Riley with analyst Sameet Sinha saying he expects increased marketing spend to balance profitability and new customer growth. 2. General Electric (GE) upgraded to Hold from Sell at Standpoint Research with analyst Ronnie Moas citing the recent underperformance of the shares. The analyst sees fair value for the shares at $24 and thinks the stock will reach that level in a market correction. 3. Icon (ICLR) upgraded to Buy from Hold at Jefferies with analyst David Windley saying the shares continue to trade at a group discount. 4. Provident Financial (PFS) upgraded to Buy from Hold at Sandler O'Neill with analyst Mark Fitzgibbon citing year-to-date underperformance saying valuation is attractive. 5. Chart Industries (GTLS) upgraded to Buy from Hold at Johnson Rice. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/29/17
STPT
06/29/17
UPGRADE
STPT
Hold
General Electric upgraded to Hold from Sell at Standpoint Research
Standpoint Research analyst Ronnie Moas upgraded General Electric to Hold citing the recent underperformance of the shares. The analyst sees fair value for the shares at $24 and thinks the stock will reach that level in a market correction.
06/13/17
STFL
06/13/17
NO CHANGE
STFL
New General Electric CEO likely pleases investors, says Stifel
Stifel analyst Robert McCarthy says that investors were probably more pleased with GE's new CEO, John Flannery, than they would have been with either of the other two candidates- GE Power CEO Steve Bolze and CFO Jeff Bornstein. Flannery is viewed as more willing to make major changes than Bolze and is seen as not being as tied to the outgoing CEO as Bornstein, according to McCarthy. The analyst reiterates a $33 price target and a Buy rating on the stock.
06/01/17
FBCO
06/01/17
NO CHANGE
Target $34
FBCO
Outperform
General Electric has reached attractive entry point, says Credit Suisse
Credit Suisse analyst Julian Mitchell thinks the pendulum of investor sentiment regarding General Electric has swung too far in the negative direction, creating an attractive entry point into the stock. GE's organic growth seems underappreciated, argues Mitchell, who notes that its organic sales growth has topped most Electrical Equipment and Multi-Industry peers in recent years and into 2017. Meanwhile, GE's segments have shown "fairly healthy" operating leverage, added Mitchell, who has an Outperform rating and $34 price target on GE shares.

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