Comments on: GE First Price Target Hit for A Quick 4% Profit https://rightsideofthechart.com/ge-first-price-target-hit-for-a-quick-4-profit/ Stock Trading, Investing & Market Analysis Tue, 13 Mar 2018 17:37:26 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: jegersmart https://rightsideofthechart.com/ge-first-price-target-hit-for-a-quick-4-profit/#comment-4163 Tue, 13 Mar 2018 17:37:26 +0000 https://rightsideofthechart.com/?p=186055#comment-4163 SOme news today:
“* General Electric shares down 2 pct premarket at $14.78; J.P. Morgan cuts PT to $11 from $14, 31 pct downside from median PT of $16, keeps “underweight” rating
* With GE’s “grind it out” strategy in play and “normalized” level of free cash flow, looks to be well below consensus view of $1 and possibly in the $0.50 range – analyst Stephen Tusa”

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