General Electric (GE) Misses Q4 EPS by 1c, Revenues Beat; Offers FY21 Guidance

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Credit Suisse Reiterates Neutral Rating on General Electric (GE)

January 27, 2021 7:42 AM EST

Credit Suisse analyst John Walsh reiterated a Neutral rating and $11.00 price target on General Electric (NYSE: GE) following the company's 4Q earnings report. Q4 organic orders and sales declined 3% and 14% y/y, respectively. FY20 orders declined 17%, with 95% of the decline attributable to Aviation.... More