RBC Capital Maintains Outperform on GE Aero, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert has maintained an Outperform rating on GE Aero, a division of General Electric (NYSE:GE), and increased the price target from $165 to $175.
April 24, 2024 | 4:25 pm
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RBC Capital has reaffirmed its Outperform rating on GE Aero, a division of General Electric, and raised the price target from $165 to $175.
The increase in price target by RBC Capital suggests a positive outlook on GE Aero's performance, which is likely to be viewed favorably by investors. This endorsement from a reputable analyst could lead to increased investor confidence in GE, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90