Wells Fargo Maintains Overweight on General Electric, Raises Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joe O'Dea has maintained an Overweight rating on General Electric (NYSE:GE) and increased the price target from $144 to $148.
January 24, 2024 | 3:04 pm
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Wells Fargo analyst Joe O'Dea maintains an Overweight rating on General Electric and raises the price target from $144 to $148, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Joe O'Dea suggests a bullish outlook on General Electric, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100