Deutsche Bank Maintains Hold on General Electric, Says Fourth Quarter will be "Messy" (GE)

From Benzinga:

...In the research note, Deutsche Bank writes, "4Q will be a messy quarter with the potential for around 10c of gains/credits which will likely be more than compensated by charges. At an operating level, we believe it will be hard to almost impossible for GE to maintain flat industrial revenues YoY in light of downside to Energy volumes, although we do highlight YoY growth in Aviation, Transportation and Healthcare. We believe industrial margins will come under growing pressure from energy price deflation (-3% YoY) and engine shipments/R&D, but as we had expected and we've maintained our 4Qe at 32c....MORE