JP Morgan Maintains Neutral on General Electric, Raises Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman has maintained a Neutral rating on General Electric (GE) and increased the price target from $134 to $166. This adjustment reflects a more optimistic outlook on GE's future performance.
March 04, 2024 | 4:14 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JP Morgan analyst Seth Seifman maintains a Neutral rating on General Electric but raises the price target from $134 to $166, indicating a positive reassessment of GE's future performance.
The increase in price target from $134 to $166 by a prominent analyst suggests a more optimistic view on General Electric's future performance and potential. This could lead to increased investor confidence and potentially a short-term positive impact on GE's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100