Vertical Research Partners Starts GE Aerospace (GE) at Buy

GE Aerospace (GE) PT Lowered to $165 at BofA Securities

April 8, 2024 9:28 AM EDT

BofA Securities analyst Andrew Obin lowered the price target on GE Aerospace (NYSE: GE) to $165.00 (from $175.00) while maintaining a Buy rating.

The analyst comments "We are updating our PO to $165 (from $175 which reflected a value of $140 for GE Aerospace) to reflect GE... More

General Electric (GE) PT Lowered to $160 at RBC Capital

April 4, 2024 6:29 AM EDT

RBC Capital analyst Ken Herbert lowered the price target on General Electric (NYSE: GE) to $160.00 (from $180.00) while maintaining a Outperform rating.

The analyst comments "With the formal spin of GE Vernova (GEV) now complete, we are updating our estimates and price target for... More

General Electric (GE) PT Lowered to $165 at Wells Fargo

April 4, 2024 6:28 AM EDT

Wells Fargo analyst Matthew Akers lowered the price target on General Electric (NYSE: GE) to $165.00 (from $200.00) while maintaining a Overweight rating.... More

General Electric (GE) PT Lowered to $190 at Deutsche Bank

April 3, 2024 6:11 AM EDT

Deutsche Bank analyst Scott Deuschle lowered the price target on General Electric (NYSE: GE) to $190.00 (from $210.00) while maintaining a Buy rating.

The analyst comments "With the spin of GE Vernova now complete, we are shifting our valuation approach to an FCF-based... More

General Electric (GE) PT Lowered to $162 at Wolfe Research

April 3, 2024 3:59 AM EDT

Wolfe Research analyst Myles Walton lowered the price target on General Electric (NYSE: GE) to $162.00 (from $190.00) while maintaining a Outperform rating.

The analyst comments "On the first day of trading post the spin, GE and GEV traded down 2%+ but we'd note that GE shares... More

General Electric (GE) PT Lowered to $175 at Barclays

April 3, 2024 3:33 AM EDT

Barclays analyst Julian Mitchell lowered the price target on General Electric (NYSE: GE) to $175.00 (from $181.00) while maintaining a Overweight rating.... More

GE completes three-way split, breaking off from its storied past

April 2, 2024 6:36 AM EDT

By Rajesh Kumar Singh and Abhijith Ganapavaram

CHICAGO (Reuters) -General Electric on Tuesday completed its breakup into three companies, marking the end of the 132-year-old conglomerate that was once the most valuable U.S. corporation and a global symbol of American business power.

The industrial giant's aerospace and energy businesses began trading on the New York Stock Exchange as separate entities more than a year after GE spun off its healthcare business.

GE Aerospace has retained the GE symbol. The energy unit, GE Vernova, made its debut under the ticker symbol GEV.

GE Aerospace shares... More

GE Aerospace (GE) Launches as Standalone Company Following Spin-Off of GE Vernova (GEV)

April 2, 2024 6:34 AM EDT

GE Aerospace (NYSE: GE) today announced its official launch as an independent public company defining the future of flight, following the completion of the GE Vernova (NYSE: GEV) spin-off. GE Aerospace will trade on the New York Stock Exchange (NYSE) under the ticker GE. Today, April 2, 2024, at 9:30 a.m. ET, GE Aerospace and GE Vernova will ring the opening bell together at the NYSE.

GE Aerospace Chairman and CEO H. Lawrence Culp Jr., said, With the successful launch of three independent, public companies now complete today marks a... More

GE Vernova (GEV) Commences Trading on NYSE

April 2, 2024 6:30 AM EDT

GE Vernova (NYSE: GEV) announced today that its spin-off from GE (NYSE: GE) is complete and it will begin trading as an independent company on the New York Stock Exchange (NYSE) under the ticker symbol GEV, effective at the market opening today. In a first for the NYSE, GE Vernova and GE Aerospace, which also launches as an independent company today, will ring the opening bell together at 9:30 AM ET.

Today, GE Vernova becomes an independent company singularly focused on accelerating the energy transition to create a more... More

Stocks expected to have increasing option volume: GE DIS PVH CALM PAYX DAVE

April 2, 2024 5:10 AM EDT

Stocks expected to have increasing option volume: GE DIS PVH CALM PAYX DAVE ACB CGC TLRY CRON MSOS UNH CNC HUM CVS

... More