RBC Capital Maintains Outperform on General Electric, Lowers Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray has maintained an Outperform rating on General Electric (NYSE:GE) but has reduced the price target from $150 to $148.
January 24, 2024 | 4:15 pm
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RBC Capital analyst Deane Dray maintains an Outperform rating on General Electric but lowers the price target from $150 to $148.
The reduction in price target is marginal, suggesting that the analyst's overall view on the company remains positive. This slight adjustment is unlikely to have a significant impact on the stock price in the short term, as the Outperform rating was maintained.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100