UPDATE: Morgan Stanley Raises PT to $21 on General Electric - GE Aero (NYSE:GE)

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Morgan Stanley reiterates its Overweight rating on General Electric (NYSE: GE) and raises its target price to $21 as stress tests provide bullishness for GECS dividend resumption.Morgan Stanley says, "Bullish capital allocation announcements following Fed Stress Tests bolster the case for resumption of GECS dividends this year – a key catalyst for the stock. We have increased our PT to $21, and with an attractive 12% projected total return, we remain OW."GE closed at $19.59 a share on Tuesday.

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