UBS Maintains Buy on General Electric, Raises Price Target to $191
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Chris Snyder has maintained a Buy rating on General Electric (GE) and increased the price target from $138 to $191, indicating a positive outlook on the company's future performance.
March 11, 2024 | 10:33 am
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POSITIVE IMPACT
UBS analyst Chris Snyder maintains a Buy rating on General Electric and raises the price target from $138 to $191, showing confidence in GE's future performance.
The increase in the price target by a reputable analyst such as Chris Snyder from UBS is a strong indicator of confidence in General Electric's future performance. This adjustment reflects an optimistic outlook on the company's financial health and growth prospects, likely influencing investor sentiment positively in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100