• GE shares tumble below $9 as JP Morgan analyst cuts price target

    5 days ago - By Reuters

    Shares of General Electric Co tumbled on Friday after a JP Morgan analyst slashed his target price on the stock to a lowly $6, dealing a fresh blow to the U.S. industrial conglomerate's flagging share price.
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  • General Electric plunges to its lowest level since the financial crisis after JPMorgan slashes its price target

    General Electric plunges to its lowest level since the financial crisis after JPMorgan slashes its price target

    5 days ago - By Business Insider

    General Electric shares slid 9% on Friday after the company received its most bearish price target on Wall Street.
    GE is facing a fundamental problem, the JPMorgan analyst Stephen Tusa said.
    The company recently reported disappointing quarterly earnings results.
    Watch General Electric trade in real time here.
    General Electric was getting slammed Friday, down more than 9%, after JPMorgan slashed its price target to $6, the lowest on Wall Street. Shares Friday morning were trading at $8.15 apiece, their lowest level since March 2009.
    "The outcome of GE results was worse than expected on...
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  • General Electric plunges to its lowest level since the financial crisis after JPMorgan slashes its price target

    General Electric plunges to its lowest level since the financial crisis after JPMorgan slashes its price target

    5 days ago - By Business Insider

    General Electric received its most bearish price target on Wall Street Friday, sending shares down 9%.
    GE is facing a fundamental problem, said JPMorgan analyst Stephen Tusa.
    The company recently reported disappointing quarterly earnings results.
    Watch General Electric trade in real time here.
    General Electric is getting slammed Friday, down more than 9%, after JPMorgan slashed its price target from $10 to $6, the lowest on Wall Street. Shares are trading at their lowest level since March 2009.
    "The outcome of GE results was worse than expected on almost all fronts," Stephen Tusa, an...
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  • GE says liquidity is 'sound' after analyst cuts target, stock falls

    5 days ago - By Reuters

    General Electric Co said on Friday that it has "sound liquidity" after a JPMorgan analyst slashed his stock price target, sending shares down 9 percent.
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