On Oct 24, major Wall Street analysts update their ratings for $GE Aerospace (GE.US)$, with price targets ranging from $200 to $225.
BofA Securities analyst Ronald Epstein maintains with a buy rating, and adjusts the target price from $180 to $200.
Wells Fargo analyst Sarah Akers maintains with a buy rating, and adjusts the target price from $200 to $210.
TD Cowen analyst Gautam Khanna maintains with a buy rating, and adjusts the target price from $180 to $200.
DBS analyst Jason Sum initiates coverage with a buy rating, and sets the target price at $200.
Bernstein analyst Douglas Harned maintains with a buy rating, and maintains the target price at $225.
Furthermore, according to the comprehensive report, the opinions of $GE Aerospace (GE.US)$'s main analysts recently are as follows:
After GE Aerospace's Q3 results, there was a noted pressure on the stock due to a shortfall in shop visits and supply chain execution challenges. Despite these issues, the company has updated its 2024 forecasts, improving most metrics, yet now anticipates a 10% decrease in LEAP deliveries for the year.
The assessment indicates that the Q3 selloff for GE Aerospace may be less about alterations in the company's narrative and more related to anticipations advancing too rapidly. Additionally, there is an increase in the projections for the fiscal years 2024-2026.
Here are the latest investment ratings and price targets for $GE Aerospace (GE.US)$ from 5 analysts:
Note:
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