Deutsche Bank Maintains Buy on GE Aero, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Scott Deuschle maintains a Buy rating on GE Aero, but lowers the price target from $210 to $190.

April 03, 2024 | 5:22 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Buy rating on GE Aero, a division of GE, but lowers the price target from $210 to $190.
The adjustment in price target by Deutsche Bank reflects a change in valuation expectations for GE Aero, a key division of GE. While the Buy rating indicates continued confidence in the company's prospects, the reduction in price target suggests a recalibration of growth or profitability expectations. This news is directly relevant to GE as it pertains to one of its divisions. The neutral score reflects the mixed nature of the news: positive due to the maintained Buy rating, but slightly negative due to the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90