Citi analyst John Godyn reiterated a Buy rating and a $431.00 price target on GE Aerospace (NYSE: GE), following the company's third-quarter 2026 earnings report.

GE Aerospace reported third-quarter 2026 adjusted earnings per share of $2.25, exceeding the VA-consensus estimate of $2.02. Following the results, Godyn updated his model to the high end of the company's newly issued full-year 2026 guidance.

Management projected low-double-digit revenue growth for services in 2027 and noted that mix effects between services and equipment may limit incremental margins in that period.

The analyst sees "significant upside" remaining even at current levels.

Shares of GE Aerospace closed at $311.28, according to the statement.