Oppenheimer Upgrades GE to Outperform, $18 Price Target
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Oppenheimer & Co. upgrades General Electric (NYSE: GE) from Market Perform to Outperform. The firm also lifted its price target from $17 to $18.
Traders are cheering the upgrade this morning, bidding up shares of GE by more than 3%. The stock most recently traded at $14.89. Oppenheimer's new price target represents potential upside of about 20%.
To see all the upgrades/downgrades on shares of GE, visit our Analyst Ratings page.
General Electric Company operates as a technology, media, and financial services company worldwide.
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