Deutsche Bank analyst John Inch cut his price target for General Electric shares to $18 from $21 and reiterates a Sell rating on the name. Following the "substantial" Q3 miss and 2017 guidance cut, Inch lowered his Q4 earnings per share estimate to 42c from 62c and 2018 estimate to $1.05 from $1.55. The analyst notes his 2018 estimates do not subtract 17c of forecast 2018 pension accounting. It will take years to work through GE's "operational and cultural challenges and establish a firm foundation from which the company can grow on a sustained basis," Inch tells investors in a research note. The stock in early trading is down 33c to $20.46.

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.

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."