Wells Fargo Maintains Overweight on GE Aero, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers maintains an Overweight rating on GE Aero (NYSE:GE) but lowers the price target from $200 to $165.
April 04, 2024 | 12:56 pm
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Wells Fargo maintains an Overweight rating on GE Aero but lowers the price target from $200 to $165.
The reduction in price target by Wells Fargo, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors. This adjustment reflects a lowered expectation for GE Aero's stock price performance, potentially influencing investor confidence and stock price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100