GE Aerospace shares fall for third consecutive day despite strong earnings
GE GE Aerospace
$285.64 -2.69%
View chart & analysis → - 1GE Aerospace reported revenue of $13.3 billion, exceeding market expectations.
- 2GE Aerospace announced earnings per share of $2.25.
- 3Bernstein SocGen Group analyst Douglas Harned lowered the price target for GE Aerospace to $376.
So what's the key point?
GE Aerospace earned more money than expected. However, experts do not expect the stock to rise further.
Source The Motley Fool · View original ↗
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