Morgan Stanley Maintains Overweight on General Electric, Raises Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Josh Sullivan maintains an Overweight rating on General Electric (NYSE:GE) and raises the price target from $110 to $122.
July 26, 2023 | 3:00 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on General Electric and raises the price target from $110 to $122, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates a positive outlook for General Electric. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100