Jefferies Maintains Buy on GE Aero, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Sheila Kahyaoglu maintains a Buy rating on GE Aero, while lowering the price target from $195 to $180.
April 10, 2024 | 4:41 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Jefferies maintains a Buy rating on GE Aero, a division of General Electric, but reduces the price target from $195 to $180.
The adjustment in price target by Jefferies reflects a recalibration of expectations for GE Aero, possibly due to market conditions or company-specific factors. However, maintaining a Buy rating indicates a positive outlook on the company's performance. This mixed signal could lead to neutral short-term price movement as investors digest the implications of a lower price target against a still positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100