GE's shares fall as supply-chain woes hit Q4 revenue

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Goldman Sachs Says General Electric (GE) Remains Inexpensive to Buy, Reiterates Bullish View

January 26, 2022 3:56 AM EST

Goldman Sachs analyst Joe Ritchie reiterated a Buy rating and $124.00 price target on General Electric (NYSE: GE).

The analyst comments "The bottom line is the narrative on GE has shifted (at least temporarily) from FCF to earnings as the company has effectively demonstrated its ability to de-lever faster-than-expected. In our view, the... More