Citi Starts General Electric (GE) at Buy, $19 Price Target

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Citigroup has initiated coverage on a number of stocks in the Industrial sector this morning. Among the new coverage is a fresh Buy rating on shares of General Electric (NYSE: GE). The firm also set a new price target on the conglomerate at $19.

With shares of GE trading down almost 0.6% to $16.07 in this morning's pre-market session, Citi's new target implies potential upside of about 18%.

To see all the upgrades/downgrades/new coverage on shares of General Electric, visit our Analyst Ratings page.

Also, check out StreetInsider.com's new Ratings Central portal to take advantage of the most efficient and up-to-date analyst coverage on the net.

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