1 Wall Street analyst raises GE Aerospace price target to $165.

1 Wall Street analyst raises GE Aerospace (GE) price target from $160 to $165 and maintains an overweight rating, suggesting a 9.3% upside in the stock over the next 12 months. The analyst believes GE Aerospace, the largest division of General Electric, will benefit from Boeing's production issues and challenges. The company's joint venture with Safran, CFM International, produces the LEAP engine, which is the only engine option for the Boeing 737 MAX.

April 22, 2024
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