UBS is out negative on General Electic (NYSE:GE) saying ’09 Expectations Still Too High; Placing Short-Term Sell Rating on the shares; lowering tgt to $12 from $18....
...Notablecalls: It looks like UBS' 09 EPS of $1.05 is the new Street low (prev. $1.20). Also, their $12 tgt is the Street low.
The call reads ugly, but one must admit the stuff discussed here is not new in nature....MORE
Wednesday, January 21, 2009
General Electic: ’09 Expectations Still Too High; Placing Short-Term Sell Rating on the shares - UBS (GE)
From Notable Calls: