General Electric (GE) volatility elevated into less than expected Q3 results

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RBC Capital Neutral on GE's (GE) Q3 Report, Outlook; Reaffirms at 'Outperform'

October 21, 2016 8:56 AM EDT

RBC Capital affirms General Electric (NYSE: GE) at Outperform with a price target of $36 following Q3 results and updated outlook released earlier Friday. The firm's overall feeling on the report was neutral.

Analyst Deane Dray summarized: The bottom line is that GE is holding up relatively well in a slower-growth macro, in our view. The... More