General Electric (GE) Added to U.S. and Global Focus List at Credit Suisse

Credit Suisse analyst J. Mitchell reiterated an Outperform rating and $31 price target while adding General Electric (NYSE: GE) to the U.S. and Global Focus List.

Mitchell commented, "Having reviewed the risk / reward profile of the stocks in our sector following the YTD sell-off, and looking ahead to what is likely to be a fairly subdued earnings reporting season for EE/MI, we think that GE in particular offers a significant number of company-specific catalysts that should help propel it back towards $28-29."

For an analyst ratings summary and ratings history on General Electric click here. For more ratings news on General Electric click here.

SI NOTE: This report was tagged as 'Hot Analyst Comments' at StreetInsider Premium given the actionability of the call. StreetInsider Premium members can see more under this category and be alerted to new posts here: http://www.streetinsider.com/Hot+Comments

You May Also Be Interested In

• Humana (HUM) surges on Q1 beat, reiterated adjusted earnings outlook
• Oppenheimer Keeps Tesla (TSLA) at Perform following Q1 on 'delays and moderating earnings'
• Owens Corning (OC) Tops Q1 EPS by 53c