Barclays Maintains Overweight on General Electric, Raises Price Target to $125
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Julian Mitchell maintains an Overweight rating on General Electric (NYSE:GE) and raises the price target from $115 to $125.
June 07, 2023 | 10:28 am
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Barclays analyst Julian Mitchell maintains an Overweight rating on General Electric (NYSE:GE) and raises the price target from $115 to $125.
The news of Barclays maintaining an Overweight rating on General Electric and raising the price target from $115 to $125 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100