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-3.35559209422197E-05 -3.35559209422197E-05 -3.35559209422197E-05 0.000167779604711289 -0.00154961242911306 -0.0032884802523404 -0.00167779604711251 0.00218113486124638
Stock impact report

Jim Cramer Insists Market is Wrong About GE Aerospace (GE) [Yahoo! Finance]

General Electric Company (GE) 
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: Yahoo! Finance
GE Aerospace (NYSE:GE) is one of the largest aerospace companies in the world. Its shares are up by 51% over the past year and down by 8% year-to-date. The firm has been at the center of attention by multiple analysts after it reported its fiscal fourth quarter earnings report. For instance, JPMorgan raised GE Aerospace (NYSE:GE)'s share price target to $335 from $325 and kept an Overweight rating on the shares. The banking giant remained confident about the aerospace company's CFM56 high-bypass turbofan engine and its ability to deliver growth over the next couple of years. After the earnings, RBC Capital kept an Outperform rating and a $355 share price target for GE Aerospace (NYSE:GE). The shares had dipped by 7.4% following the earnings report, and the financial firm commented that the fall appeared to be a buying opportunity. Like RBC, Cramer also believes there's more to GE Aerospace (NYSE:GE)'s shares than the recent drop: “Jeez, I don't know, I think the market's wrong. The Show less Read more
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