Reported about 18 hours ago
Citi has increased its price target for GE Aerospace from $296 to $309, maintaining a Buy rating, following the company's strong Q2 results. The aerospace leader also raised its full-year guidance owing to favorable order trends and an improved economic outlook. GE Aerospace expects over 10% compound annual growth in revenue, EBIT, and free cash flow by 2028, bolstered by increased flight hours and supply chain efficiencies.
Source: YAHOO