Wells Fargo Maintains Overweight on General Electric, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joe O'Dea has maintained an Overweight rating on General Electric (GE) and increased the price target from $177 to $200.
March 27, 2024 | 12:36 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo analyst Joe O'Dea has reaffirmed an Overweight rating on General Electric and raised the price target from $177 to $200.
The increase in price target by a reputable analyst suggests a positive outlook on GE's future performance, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100