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General Electric Gears Up For Vernova Spin-Off Amid GEHC Stock Surge
Monday, November 27, 2023 - 9:57am | 491While General Electric Co (NYSE:GE) displays strength in both the military and the commercial space, an impending GE Vernova spin-off is key to investor optimism. Another wild card is the GEHC stock. Last month, the company announced that it plans to spin off GE Vernova and launch GE Aerospace in...
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JPMorgan Lowers General Electric Price Target, Says EPS Guidance Is 'Not A Credible Number'
Tuesday, March 13, 2018 - 11:18am | 467Not even one year ago, the Street was working under the assumption that General Electric Company (NYSE: GE)'s $2 EPS target was "not achievable," so estimates moved lower to $1 per share. But the "great reset is not quite reset," according to JPMorgan. The Analyst JPMorgan...