Bank of America Securities Raises Price Target on General Electric (NYSE:GE) to $120 From $108
Bank of America Securities Raises Price Target on General Electric (NYSE:GE) to $120 From $108, Maintains Buy Rating.
Bank of America Securities Raises Price Target on General Electric (NYSE:GE) to $120 From $108, Maintains Buy Rating.
Wells Fargo analyst Joe O’Dea maintains General Electric (NYSE:GE) with a Equal-Weight and raises the price target from $100 to $105.
Wells Fargo raises General Electric (NYSE:GE) price target from $100 to $105 Read Post »
Citigroup analyst Andrew Kaplowitz maintains General Electric (NYSE:GE) with a Buy and raises the price target from $114 to $126.
Citigroup raises General Electric (NYSE:GE) price target from $114 to $126 Read Post »
RBC Capital Raises Price Target on General Electric (NYSE:GE) to $120 From $113, Maintains Outperform Rating.
RBC Capital Raises Price Target on General Electric (NYSE:GE) to $120 From $113 Read Post »
Goldman Sachs analyst Joe Ritchie maintains General Electric (NYSE:GE) with a Buy and raises the price target from $96 to $110.
Goldman Sachs raised General Electric (NYSE:GE) price target to $110 Read Post »
Barclays analyst Julian Mitchell maintains General Electric (NYSE:GE) with a Overweight and raises the price target from $90 to $110.
Barclays raised General Electric (NYSE:GE) price target to $110 Read Post »
Morgan Stanley Adjusts General Electric (NYSE:GE) Price Target to $110 From $90, Maintains Overweight Rating.
Morgan Stanley Adjusts General Electric (NYSE:GE) Price Target to $110 From $90 Read Post »
Oppenheimer analyst Christopher Glynn maintains General Electric (NYSE:GE) with a Outperform and raises the price target from $98 to $102.
Ahead of Thursday’s investor meeting, General Electric (NYSE:GE) reiterated its guidance for fiscal 2023, including high-single-digit organic revenue growth, adjusted earnings per share in the range of $1.60 to $2.00, above market expectations of $1.95, and free cash flow of $3.4 billion to $4.2 billion. The company also reiterated that GE Aerospace saw median revenue growth of 10%, operating profit of $5.3 billion to $5.7 billion, and year-over-year free cash flow growth.
GE (NYSE:GE) has been awarded an unspecified contract for technology maturity and risk reduction services with an unspecified maximum of $203 million, and a research and development contract for $99.47 million in costs plus fixed expenses. The project content covered by the signed contract is expected to be completed by December 31, 2024. It is reported that the US Air Force is the contractor for the contract.