Market Overview

Morgan Stanley Needs Better Entry Point For General Electric

Share:
Related GE
General Electric (GE), Oerlikon Ink Additive Technology MoU
Top Analyst Reports for Caterpillar, Intel & Monsanto
Birth Of An Industry: Early Investing Hot Spots In Artificial Intelligence (Investor's Business Daily)

In a report published Monday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $28.00 price target on General Electric (NYSE: GE).

In the report, Morgan Stanley noted, “We seek to explain why GE lagged post-2Q in spite of superficially in-line earnings and framework reiteration. In our view, GE is following the right strategic path, but we need a better entry point and also improving industrial cash fundamentals.”

General Electric closed on Friday at $26.46.

Latest Ratings for GE

DateFirmActionFromTo
May 2017Deutsche BankDowngradesHoldSell
Apr 2017Bank of AmericaDowngradesBuyNeutral
Dec 2016BernsteinUpgradesMarket PerformOutperform

View More Analyst Ratings for GE
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Nigel CoeAnalyst Color Reiteration Analyst Ratings

 

Related Articles (GE)

View Comments and Join the Discussion!