Fri, 14 Jun 2019 09:13:00 -0400
JPMorgan Reiterates Underweight Rating on General Electric (GE)
JPMorgan analyst Stephen Tusa reiterated an Underweight rating on General Electric and believes the company is back to chasing deals potentially trading headlines for long term profits.
The analyst stated "Orders are important for growth; however, for a company that has acknowledged chasing deal announcements despite unfavorable price and/or terms/risk, and one that has claimed to no longer promote market share as the main goal, recent developments raise questions around how much change has actually occurred. With the exception of Healthcare, across Renewables, Power, and, yes, Aviation, there is now evidence of a continued focus on headlines, or the “how much” versus the “how”."
For an analyst ratings summary and ratings history on General Electric click here. For more ratings news on General Electric click here.
Shares of General Electric closed at $10.30 yesterday
pear***** 2019年6月15日 16:17
最近、JPモーガンの空売りが増えたのかな。
Fri, 14 Jun 2019 09:13:00 -0400
JPMorgan Reiterates Underweight Rating on General Electric (GE)
JPMorgan analyst Stephen Tusa reiterated an Underweight rating on General Electric and believes the company is back to chasing deals potentially trading headlines for long term profits.
The analyst stated "Orders are important for growth; however, for a company that has acknowledged chasing deal announcements despite unfavorable price and/or terms/risk, and one that has claimed to no longer promote market share as the main goal, recent developments raise questions around how much change has actually occurred. With the exception of Healthcare, across Renewables, Power, and, yes, Aviation, there is now evidence of a continued focus on headlines, or the “how much” versus the “how”."
For an analyst ratings summary and ratings history on General Electric click here. For more ratings news on General Electric click here.
Shares of General Electric closed at $10.30 yesterday