GE Aerospace Surges as Company Completes Historic Split
TL;DR Summary
Shares of GE Aerospace surged 6% following positive updates from Wall Street analysts, with Barclays initiating coverage with a $185 price target and an overweight rating, and Deutsche Bank adjusting its price target to $190, implying a 31% premium to the current price. Analysts are bullish on GE Aerospace's prospects due to the commercial aerospace recovery, aggressive production of LEAP engines, and potential market share gains from RTX.
Topics:business#aerospace-industry#finance#financial-firms#ge-aerospace#stock-market#wall-street-analysts
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- GE completes split into three independent companies Yahoo Finance
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