Morgan Stanley Sees Potential Risks And Rewards For General Electric

In a report published Monday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $28.00 price target on General Electric Company GE. In the report, Morgan Stanley noted, “The proposed Alstom transaction, like any large cross-border acquisition, carries clear risks; but we think potential EPS accretion and IRR should more than compensate. Below, we dive deep into GE's proposal to acquire Alstom's power assets from strategic, execution, financial and risk angles.” General Electric closed on Friday at $26.68.