Updated: "Morgan Stanley Sees ‘Noisy’ Q4 for General Electric, Momentum for Banks" (GE; COF; PNC)

UPDATE: "Repost: General Electric Earnings: What to Expect (GE)"
GE is trading up 9 cents at $18.76.
From Barron's Stocks to Watch Today blog:

With General Electric (GE) reporting fourth-quarter results Jan. 21, Morgan Stanley analyst Scott Davis and his team expect a typical showing, i.e. one that is “noisy with a lot of moving parts and offsetting gains/charges including tax settlements, Hudson River cleanup reserves, and gains on transactions.”

“The fourth quarter is also a seasonally important quarter with ~30% of GE Industrial sales and operating profits typically generated and order activity strong at year end,” he wrote in a research note. Davis, who has an Overweight rating on GE and a $22 price target, expects recent trends to continue, with General Electric Capital Services and GE Health care to offset weaknesses in later-cycle businesses....MORE

Monday:
UBS Upgrades General Electric, Raises Price Target (GE)