GE Aerospace price target raised to $212 from $210 at Deutsche Bank

Deutsche Bank raised the firm’s price target on GE Aerospace to $212 from $210 and keeps a Buy rating on the shares. The firm raised its Q3 EPS estimate to $1.20 from $1.15, citing higher CES margins and lower corporate costs, and sees CES services revenue and margins benefiting from widebody mix, greater shop visit workscope, spare part sales, and price, partially offset by continued material availability limitations that likely constrain internal shop visit throughput growth, the analyst tells investors in a research note.