From StreetInsider:
Goldman Sachs adjusted estimates and its price target on General Electric (NYSE: GE) ahead of Q2 results due on Friday, but maintained a Buy rating on the stock.
The firm raised Q2 EPS to $0.27 from $0.26, in-line with the consensus. FY10 is unchanged at $1.08. However, 2011 EPS was lowered from $1.35 to $1.30 and 2012 EPS from $1.60 to $1.55.
The firm's 12-month price target was lowered from $20 to $18, which still implies 20% upside.
