Morgan Stanley Believes Initial 2015 Bridge Highlights EPS Risks For General Electric Company

In a report published Tuesday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $28.00 price target on

. 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.