Is GE Aerospace Stock Going to $201? 1 Wall Street Analyst Thinks So.
GE(GE) fool.com·2024-05-28 21:10
The aerospace company has plenty of long-term growth prospects based on its dominant market position in airplane engines.UBS recently raised its price target on GE Aerospace (GE 1.25%) stock from $191 to $201 while maintaining a buy rating on the stock. According to thefly.com, the UBS analyst's argument is based on GE Aerospace's strong position in the airplane engine aftermarket. Bullishness comes from a combination of growing flight departures and GE's dominant position in commercial aircraft engines. It ...