Deutsche Bank Downgrades General Electric (GE) to Sell; Weak Earnings Quality
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Deutsche Bank downgraded General Electric (NYSE: GE) from Hold to Sell with a price target of $24.00 (from $28.00).
Analyst John Inch sees GE as overvalued given weak earnings quality and the wide gap between non-cash and cash earnings.
Shares of General Electric closed at $28.87 yesterday.
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Create E-mail Alert Related CategoriesAnalyst Comments, Analyst PT Change, Downgrades, Hot Downgrades
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