Barclays Maintains Overweight on General Electric, Raises Price Target to $131
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 $125 to $131.
July 26, 2023 | 10:16 am
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Barclays maintains an Overweight rating on General Electric and raises the price target from $125 to $131, indicating a positive outlook for the company.
The raised price target by Barclays indicates a positive outlook for General Electric. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100