GE Plans to Form Three Public Companies Focused on Growth Sectors of Aviation, Healthcare, and Energy
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Goldman Sachs Sees General Electric (GE) SOTP at $132-$147 on Break-Up
November 10, 2021 7:19 AM ESTGoldman Sachs analyst Joe Ritchie reiterated a Buy rating and $131.00 price target on General Electric (NYSE: GE) after the company announced plans to breakup into three publicly traded companies focused on Aviation, Healthcare and Energy. Ritchie sees a SOTP range of $132-$147 implies upside to their price target.
The analyst commented,... More
General Electric (GE) Stock Surges 11% on Plans to Split in 3
November 9, 2021 6:50 AM ESTGeneral Electric (NYSE: GE) stock jumps 11% on plans to form three industry-leading, global public companies focused on the growth sectors of aviation, healthcare, and energy.
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