GE: Dividend Declaration

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General Electric (GE) PT Lowered to $14 at JPMorgan; Reiterates Underperform

February 12, 2018 7:06 AM EST

JPMorgan lowered its price target on General Electric (NYSE: GE) to $14.00 (from $16.00) while maintaining a Underweight rating as underperformance continues. Following the fall investor meeting, since 11/15/17, GE stock is down 19% versus S&P +1% and sector flat, validated by progression of story.

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