General Electric price target raised to $181 from $153 at Barclays

Barclays analyst Julian Mitchell raised the firm’s price target on General Electric to $181 from $153 and keeps an Overweight rating on the shares. The analyst thinks investors are essentially getting Vernova “for free” at the current GE share price. The firm’s updated sum-of-the-parts analysis implies a fair value of $181 for the sharers. Aerospace is worth $160 per share, with $20-$25 per share of value for GE Vernova, the analyst tells investors in a research note.