Accueil > Actualité
Actualite financiere : Actualite bourse

General Electric: Jefferies upgrades stock

( - Jefferies has upgraded its General Electric shares from "hold" to "buy", raising its target price for them from $90 to $120, with the broker highlighting GE Aerospace as a profitable, high-growth engine franchise.

In its summary, the broker highlights that GE Aerospace has a revenue mix of around 70% in aftermarket services, as well as rising engine deliveries for LEAP (+50% in 2023) and GEnx (+53%).

Jefferies says that visibility on margins of around 20% expected in 2025 is particularly supported by the progress of LEAP OE, which should take it from a loss of around $200-250m in 2023 to break-even in 2026.

Copyright (c) 2023 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.