JP Morgan Upgrades General Electric to Overweight, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman upgrades General Electric (GE) from Neutral to Overweight and increases the price target from $166 to $180.
March 08, 2024 | 12:54 pm
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General Electric upgraded by JP Morgan from Neutral to Overweight with a price target increase from $166 to $180.
The upgrade from Neutral to Overweight by a prominent analyst at JP Morgan, coupled with a significant increase in the price target, suggests a strong bullish outlook for General Electric. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100