GE Aerospace price target raised to $180 from $170 at Argus

Argus raised the firm’s price target on GE Aerospace to $180 from $170 and keeps a Buy rating on the shares after its better than expected Q1 results. The company’s earnings remain understated due to the ongoing turnaround, the management has shown confidence in GE’s outlook by raising the quarterly dividend, and the stock’s valuation measures “remain attractive”, the analyst tells investors in a research note.