Barclays Maintains Overweight on General Electric, Raises Price Target to $181
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Overweight rating on General Electric (GE) and increased the price target from $153 to $181, indicating a positive outlook on the company's stock.
February 29, 2024 | 12:43 pm
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Barclays analyst Julian Mitchell has maintained an Overweight rating on General Electric and raised the price target from $153 to $181.
The increase in price target by a reputable analyst such as Julian Mitchell from Barclays signals a strong confidence in General Electric's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100