General Electric price target raised to $100 from $88 at JPMorgan

JPMorgan raised the firm’s price target on General Electric to $100 from $88 and keeps a Neutral rating on the shares. The analyst says GE‘s investor day was well-received due to the better than expected medium term outlook that should take out-year estimates higher. The firm also senses anticipation for GE Aerospace to be a standalone company, so investors have "another attractive, liquid franchise to own in an end market where there is no bear case right now."