Tuesday, April 12, 2011

Deutsche Bank Raises General Electric Price Target To $23, Market Says 'Meh" (GE)

In late pre-market the stock is down 6/10% at $20.19
From Benzinga:
Deutsche Bank has issued a report raising the Price Target on General Electric (NYSE: GE) from $22 to $23 a share.
According to the report, “M&A accretion and the weaker USD sees us raise our FY12e by 3% to $1.68 and our PT bumps to $23....MORE