General Electric (GE) Tops Q1 EPS by 4c

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General Electric (GE) PT Lowered to $35 at RBC Capital on 'Cash Flow Shortfall' from 1Q EPS Beat

April 24, 2017 6:11 AM EDT

RBC Capital lowered its price target on General Electric (NYSE: GE) to $35.00 (from $36.00) while maintaining a Outperform rating following the company's first quarter earnings announcement.

Deane Dray notes the company reported a first quarter earnings beat on EPS driven by 7% organic... More