B of A Securities Maintains Buy on GE Aero, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin maintains a Buy rating on GE Aero (NYSE:GE) but lowers the price target from $175 to $165.

April 08, 2024 | 4:28 pm
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B of A Securities maintains a Buy rating on GE Aero but lowers the price target from $175 to $165.
While the Buy rating reaffirms confidence in GE Aero's fundamentals, the reduction in price target could signal a reassessment of near-term growth expectations or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the implications.
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IMPORTANCE 80
RELEVANCE 100