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General Electric price target raised to $98 from $82 at Oppenheimer

Oppenheimer analyst Christopher Glynn raised the firm’s price target on General Electric to $98 from $82 and keeps an Outperform rating on the shares. The firm believes GE anticipates positive earnings for Renewables in 2024, anchored by strong North America onshore market inflection, and may establish a formal view to such at this week’s investor meeting.

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