Goldman Sachs analyst, Joe Ritchie, lowered the price target on General Electric (NYSE: GE) to $9.00 (from $12.00) while maintaining a Neutral rating.

The bottom line is Ritchie estimates there is a ~$20bn gap in Capital funding through 2020 that will be looked to be filled via Capital asset sales as well as an equity infusion from the Parent.

Analyst Comments Analyst EPS Change Analyst PT Change

GE (GE) to sell Health Care Device Finance Portfolio for $1.5B - Bloomberg, Citing Post That was RemovedNovember 16, 2018 6:25 AM Active options: AAPL GE M AMZN BABA CSCO FB AMD WMT AUY November 15, 2018 11:43 AM General Electric (GE) Director Dsouza Buys 60K SharesNovember 15, 2018 9:07 AM Several high-profile funds raised stakes in GE before selloff: filingsNovember 14, 2018 7:28 PM General Electric pulls out of Nigeria rail concessionNovember 14, 2018 7:06 PM Nelson Peltz's Trian Partners Adds to PPG (PPG), Lowers Sysco (SYY) (more..) - 13FNovember 14, 2018 5:00 PM Active options: GE AAPL PBR BABA FB AMZN AMD NFLX MSFT BAC November 14, 2018 3:44 PM Active options: GE AAPL PBR BABA FB AMZN AMD NFLX MSFT November 14, 2018 11:35 AM General Electric (GE) Falls to Low, Down 3%November 14, 2018 10:50 AM Active options: GE AAPL PBR BABA FB AMZN AMD NFLX MSFT BAC November 14, 2018 10:05 AM GE Announces Pricing of Secondary Offering of Shares of Baker Hughes, a GE company, and Concurrent Private Sale of Ownership Interests in BHGENovember 14, 2018 8:57 AM Baker Hughes (BHGE) Announces Pricing of 92M Secondary Offering by GE (GE) at $23/ShareNovember 14, 2018 8:48 AM Baker Hughes, a GE company Announces Pricing of Secondary Offering by GENovember 14, 2018 8:47 AM Baker Hughes (BHGE) Offering by GE (GE) Said to Price at $23/Share - BloombergNovember 14, 2018 8:13 AM GE Additive and Vera Secure the Additive 3D Printing Workflow from Design to PrintNovember 14, 2018 8:00 AM U.S. safety board holds hearing on fatal Southwest engine explosionNovember 14, 2018 7:03 AM