Targeting U.S. automaker signals possible China retaliation over Trump talk
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December 15, 2016 9:35 AM EST
UBS reiterated a Buy rating and $34.00 price target on General Electric (NYSE: GE). The company set 2017 EPS guidance at $1.60-$1.70, compared to consensus estimates of $1.66. This part of the guidance was in line with expectations. However, the reiteration of the $2 EPS target for 2018 was positive against a skeptical investor base and consensus of $1.92.
Analyst... More
December 15, 2016 6:40 AM EST
RBC Capital reiterated an Outperform rating on General Electric (NYSE: GE), and raised the price target to $37.00 (from $36.00), as the company reaffirmed its $2 EPS target for 2018. Though it faces ($0.10)-($0.15) of incremental Oil & Gas headwinds, GE aims to offset this downside with +$0.05 of capital... More
