GE AEROSPACE : Target 21$

esmanu

25 janv. 2010 •14:21

Goldman Sachs Raises Price Target on General Electric (GE) to $21

More News related to GE
Goldman Sachs Raises Price Target on General Electric (GE) to $21
Top 10 News Items 1/19-1/22: Obama Declares War on Wall Street, Chinese Regulators Tell BAnks to Pare Lending, Rep. Brown Wins Kennedy's Seat in Mass.
Analyst Thoughts On General Electric (GE) Following Q4 Results
Highlights From GE's Q4 Conference Call: All Around Environment Improved; Continued Stabilization and Growth in 2010-12
Active equity option families in first 30 minutes of trading according to Track Data are: GS BAC AA GE
More News related to GE
More News related to Analyst Comments
Auriga Raises Price Target & Estimates on Illumina (ILMN)
Piper Jaffray Pounding the Table on Intel (Nasdaq: INTC); Reiterate Overweight
Baird Reiterates a 'Outperform' on Acorda Therapeutics (ACOR); Raises PT
Goldman Sachs Raises Price Target on General Electric (GE) to $21
Goldman Sachs Removes Harley-Davidson (HOG) from Conviction Sell List
More News related to Analyst Comments
January 25, 2010 7:37 AM EST

Goldman Sachs raised estimates and their price target on General Electric (NYSE: GE) to $21 following results last week. The firm reiterated their Buy rating.

The firm's takeaways from the quarter were: credit trends at GECS were favorable, with NPA's down for the first time this cycle, industrial orders were stronger than expected, industrial CFOA was ahead of their estimate, and management's bullish commentary suggests that 2010 earnings about "flat" with 2009 is now closer to "low case" vs. "base case" previously.

The firm raised 2010 and 2011 EPS estimates to $1.03/$1.35 from $0.92/$1.25