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Hilliard Lyons Lowers Rating on GE (GE) to Long-Term Buy

September 15, 2009 9:53 AM EDT
GE Hot Sheet
Rating Summary:
    9 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
We are hearing Hilliard Lyons lowered its rating on General Electric (NYSE: GE) from Buy to Long-Term Buy, citing recent share appreciation. The firm said GE Finance appears to have stabilized, but a recovery could be slow at best.

Here is the difference between the ratings:
Buy - We believe the stock has significant total return potential in the coming 12 months. Long-term Buy - We believe the stock is an above average holding in its sector, and expect solid returns to be realized over a longer time frame than our Buy rated issues.

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