GE Stock Is Still a Buy, Analysts Say. Here’s Why — and Where It Might Go.

📆 4/23/2020 11:37 PM
📰 MarketWatch

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GE stock is still a buy, analysts say. Here’s why — and where it might go

Analysts are adjusting numbers ahead of General Electric’s first-quarter earnings, due next week. And the commercial-aerospace debacle is weighing on Wall Street’s target prices for GE shares.

UBS analyst Markus Mittermaier cut his price target for General Electric shares to $9 from $12 on Thursday. He still calls the stock a Buy and his price target is still 38% above recent levels.

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