Reported 8 months ago
The recent downgrade of GE Aerospace (NYSE: GE) stock by J.P. Morgan, citing concerns over engine delivery targets for 2024, has caused a dip in value. However, the potential shortfall in engine deliveries could lead to positive impacts on profit margins and aftermarket revenue, balancing out the negative effects. While delays in engine deliveries are not ideal, they are unlikely to significantly impact the company's long-term earnings and cash flow. This situation provides investors with reasons not to panic or make hasty decisions regarding their GE Aerospace investment.
Source: YAHOO