Baker Hughes, a GE company Announces Pricing of Secondary Offering by GE

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Go back to Baker Hughes, a GE company Announces Pricing of Secondary Offering by GE

General Electric (GE) PT Lowered to $9 at Goldman Sachs

November 16, 2018 8:49 AM EST

Goldman Sachs analyst, Joe Ritchie, lowered the price target on General Electric (NYSE: GE) to $9.00 (from $12.00) while maintaining a Neutral rating.

The bottom line is Ritchie estimates there is a ~$20bn gap in Capital funding through 2020 that will be looked to... More