GE's largest union ratifies 2-year contract extension with wage hike

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General Electric (GE) shares lifted to Buy at Jefferies

April 20, 2023 9:13 AM EDT

Jefferies upgraded General Electric (NYSE: GE) to Buy from Hold, raising its price target on the stock to $120 from $90 per share in a note to clients Thursday.

Analyst Sheila Kahyaoglu said GE Aerospace is a "high-growth, profitable engine franchise" with ~70% AM mix and... More