General Electric (GE) PT Lowered to $8 at Cowen

May 4, 2020 9:40 AM EDT
Get Alerts GE Hot Sheet
Price: $12.79 +0.71%

Rating Summary:
    13 Buy, 13 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
Trade Now! 
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Cowen analyst Gautam Khanna lowered the price target on General Electric (NYSE: GE) to $8.00 (from $11.00) while maintaining a Market Perform rating.

The analyst commented, "GE's FCF turnaround prospects have eroded, given the sharp and protracted decline in Aviation. This extends the prospective "hangover", for years, from debt-equivalent items that will rise (debt; pension/long-term care deficit; etc)."



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst PT Change

Related Entities

Cowen & Co