Wells Fargo Maintains Overweight on GE Aero, Raises Price Target to $192
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers maintains an Overweight rating on GE Aero, raising the price target from $165 to $192.
April 29, 2024 | 5:54 pm
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Wells Fargo analyst Matthew Akers maintains an Overweight rating on GE Aero, a division of GE, and raises the price target from $165 to $192.
The increase in price target by a reputable analyst like Matthew Akers suggests a strong bullish outlook for GE Aero, indicating potential stock price appreciation. This is based on the analyst's confidence in the company's future performance, which could lead to increased investor interest and a positive short-term impact on GE's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100