General Electric price target raised to $133 from $131 at Barclays

Barclays analyst Julian Mitchell raised the firm’s price target on General Electric to $133 from $131 and keeps an Overweight rating on the shares post the Q3 report. The analyst says the Vernova update and 20%-plus Aerospace margins stand out given the Renewable backdrop and mix headwinds. The target raise reflects “stronger earnings and more muted peer valuations.”