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In a report published Tuesday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $28.00 price target on
General Electric CompanyGE.
In the report, Morgan Stanley noted, “We are introducing the first cut of our 2015 EPS bridge, which suggests ~5 to 10c of downside to current consensus estimates. MSD organic growth and modest margin expansion appear to be reasonable assumptions, but the EPS set-up is be highly sensitive to deal and restructuring assumptions.”
General Electric Company closed on Monday at $25.42.
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