First Take Shows GE's (GE) Q3 Results Appear Solid; Oppenheimer Affirms at 'Perform'

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UBS Reiterates Buy Following General Electric's (GE) 3Q Results

October 19, 2015 9:03 AM EDT

UBS reiterated a Buy rating and $32.00 price target on General Electric (NYSE: GE) following the company's 3Q15 earnings results. Oil & Gas revenues were down 7% organically but operating margins were up 70 bps (100 bps organically). GE is taking $1B+ of cost out of its Oil & Gas business 2015-16.... More