UBS Upgrades General Electric (GE) to Buy, Raises Price Target to $23

January 10, 2011 7:16 AM EST Send to a Friend
Get Alerts GE Hot Sheet
Price: $23.77 +0.85%

Rating Summary:
    9 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 24 | New: 24
Trade GE Now!
Shares of General Electric (NYSE: GE) are up modestly in this morning's pre-market trading session as an analyst at UBS has upgraded the stock from Neutral to Buy. The firm also boosted its price target on GE shares from $19 to $23.

With shares of GE up 0.16% to $18.59 today, UBS's new price target implies potential upside of about 24%.

For more ratings news on General Electric click here and for the rating history of General Electric click here.

Shares of General Electric closed at $18.43 yesterday, with a 52 week range of $13.75-$19.70.


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