Credit Suisse Reiterates Neutral Rating on General Electric (GE)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
General Electric (GE) Beats on Free Cash Flow, More Important than EPS - Goldman Sachs
January 27, 2021 6:18 AM ESTGoldman Sachs analyst Joe Ritchie reiterated a Buy rating and $14.00 price target on General Electric (NYSE: GE) after the company reported a large 4Q FCF beat (+$1.3bn above expectations) due to better working capital and improved Renewables and Power orders.
The analyst stated "The bottom line is we believe FCF is ultimately the most important metric for GE,... More
General Electric (GE) PT Raised to $13 at Morgan Stanley
January 27, 2021 3:15 AM ESTMorgan Stanley analyst Jashua Pokrzywinski raised the price target on General Electric (NYSE: GE) to $13.00 (from $12.00) while maintaining a Overweight rating.... More
General Electric (GE) Gains 9% Following EPS
January 26, 2021 9:37 AM ESTGeneral Electric (NYSE: GE) ramps 9% early following earnings.
... MoreGeneral Electric (GE) Misses Q4 EPS by 1c, Revenues Beat; Offers FY21 Guidance
January 26, 2021 6:21 AM EST(Updated - January 26, 2021 6:23 AM EST)
General Electric (NYSE: GE) reported Q4 EPS of $0.08, $0.01 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $21.9 billion versus the consensus estimate of $21.82 billion.
Guidance:
Sees FY21 EPS of $0.15-$0.25 v consensus $$0.38
GE announced the following total company outlook for full-year... More
General Electric (GE) call put ratio 4.7 calls to 1 put with focus on January weekly (29) 11.50 and 12 calls into quarter
January 25, 2021 10:27 AM ESTGeneral Electric (NYSE: GE) January weekly call option implied volatility is at 90, February is at 54; compared to its 52-week range of 29 to 142 into the expected release of quarter results before the bell on January 26. Call put ratio 4.7 calls to 1 put with focus on January weekly (29) 11.50 and 12 calls.
... MoreJPMorgan Sees Air Travel Recovery Lagging After Attending the Aviation Finance Conference, Reiterates Neutral on General Electric (GE)
January 25, 2021 6:15 AM ESTJPMorgan analyst Stephen Tusa reiterated a Neutral rating on General Electric (NYSE: GE) and sees the inflection in on the ground fundamentals for suppliers and lessors lagging behind expectations after attending the Aviation Finance Conference.
The analyst stated "For engines, the most durable component of the system, the used/spare engine market, normally 8-10% of the fleet as per industry participant comments, went from being a tight bubble last year to over-supply today, we... More
