8 Analysts Assess General Electric: What You Need To Know
Portfolio Pulse from Benzinga Insights
Eight analysts have recently updated their ratings on General Electric (NYSE:GE), showing a mix of bullish and somewhat bullish sentiments, with an average 12-month price target of $151.0, up from $137.00. The ratings adjustments reflect analysts' responses to GE's market performance and company developments. GE's financials indicate strong growth, profitability, and effective debt management, with a notable market capitalization, revenue growth of 15.43%, a net margin of 8.2%, ROE of 5.68%, and ROA of 1.0%. The company's strategic positioning and financial health are highlighted as key factors in its market performance.
February 29, 2024 | 4:01 pm
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POSITIVE IMPACT
Eight analysts have updated their ratings on GE, showing a positive outlook with an increased average price target of $151. GE's financials demonstrate strong growth and profitability, indicating a robust market position.
The positive analyst ratings and increased price target reflect confidence in GE's market performance and financial health. The company's strong revenue growth, profitability, and strategic market position contribute to a positive short-term outlook for its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100