UBS analyst Chris Snyder lowered the firm’s price target on General Electric to $87 from $98 and keeps a Buy rating on the shares following the Healthcare spinoff. Snyder sees positive rate of change across all GE business lines into 2023 as well as better momentum into 2024 relative to the firm’s broader multi-industry coverage, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on GE: