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General Electric (GE) PT Lowered to $14 at Daiwa Securities Following 1Q

April 23, 2018 11:12 AM EDT

Daiwa Securities lowered its price target on General Electric (NYSE: GE) to $14.00 (from $17.00) while maintaining a Neutral rating following the company's 1Q earnings report. GE reported EPS of $0.16, significantly above $0.11 consensus expectations. The upside was led by better than expected margin performance at the Aviation &... More