GE Aerospace Stock Has 17% Upside, According to 1 Wall Street Analyst
GE(GE) The Motley Fool·2024-05-02 00:26
GE Aerospace shares are soaring, but turbulence may lie ahead.GE Aerospace (GE -1.06%), the largest of the three industrial stocks that spun off from one-time industrial behemoth General Electric, reported a strong earnings beat last week, exceeding analyst expectations on both the top and bottom lines. Management promised "a new beginning" and a "multi-year transformation" to its shareholders -- and raised its guidance on both profits and free cash flow to prove it.At least one interested party seems convi ...