General Electric's aerospace division has received positive coverage with a buy rating from Vertical Research Partners. The company's recent three-way corporate breakup has led to increased investor interest and higher value on the individual segments compared to the pre-split package, aligning with CEO Larry Culp's strategy. RBC Capital Markets has also initiated an Outperform rating on GE with a price target of $160, leading to a surge in GE's stock price and touching 8-year highs.
$GE soaring this week after finalizing a split into three separate entities, and touching 8-year highs! The Chart Master @CarterBWorth lays out the technicals. https://t.co/fGnE1ayHL5
RBC Capital Markets has initiated an Outperform rating on $GEV with a price target of $160. Chris Dendrinos, the analyst behind the call, joins Yahoo Finance to discuss: https://t.co/3bnagam4Up
'What Boeing, Disney and others can learn from General Electric. Lessons from the tenure of Larry Culp.' @theeconomist https://t.co/B3a9mIkC9A https://t.co/WjrYrmIZjr
Trendlines: In the case of General Electric’s just-completed three-way corporate breakup, investors are putting a higher value on the pieces than the pre-split package, writes @GlobeNewsEd. And that was what chief executive Larry Culp intended. https://t.co/2j10A5JQDC
GE Aerospace coverage initiated with buy rating at Vertical Research Partners #GEAerospace #GE $GE https://t.co/OaIMIw1wbN
GE Aerospace Stock Picks Up a Buy Rating. Why It Can Keep Flying. https://t.co/yRNT4m1Eb8
GE Aerospace coverage initiated with buy rating at Vertical Research Partners https://t.co/NV9FlM9BVZ