GE reports weak demand for oil, transport equipment; profit beats
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UBS Raises Price Target on General Electric (GE) to $37 Following 2Q
July 25, 2016 8:17 AM EDTUBS reiterated a Buy rating on General Electric (NYSE: GE), and raised the price target to $37.00 (from $34.00), following the company's 2Q earnings report.
Analyst Shannon O'Callaghan commented, "2Q orders were down 16% organically, driven by a 30% organic decline in equipment orders, but we think... More
