Citigroup Maintains Buy on GE Aero, Raises Price Target to $186
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz has maintained a Buy rating on GE Aero, a division of General Electric (NYSE:GE), and increased the price target from $120.43 to $186.
April 25, 2024 | 10:22 pm
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Citigroup has reaffirmed its Buy rating on General Electric, specifically highlighting the GE Aero division, and raised the price target significantly from $120.43 to $186.
The upgrade in price target by a significant margin indicates a strong positive outlook on GE Aero by Citigroup, likely reflecting expectations of strong performance or growth prospects. This analyst action can positively influence investor sentiment and potentially lead to a short-term increase in GE's stock price.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90