Goldman Sachs Maintains Buy on General Electric, Raises Price Target to $177
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie maintains a Buy rating on General Electric (GE) and increases the price target from $156 to $177.
March 11, 2024 | 1:10 pm
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Goldman Sachs maintains a Buy rating on General Electric and raises the price target from $156 to $177.
The upgrade in price target by a reputable analyst firm like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100