GE, an industrial conglomerate pioneer, to break up

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Goldman Sachs Sees General Electric (GE) SOTP at $132-$147 on Break-Up

November 10, 2021 7:19 AM EST

Goldman 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