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General Electric Company GE - News Analyzed: 5,439 - Last Week: 100 - Last Month: 397

↑ General Electric Company (GE): Investment Movement and Market Optimism Amid Expansions and Post-Split Activities

General Electric Company (GE): Investment Movement and Market Optimism Amid Expansions and Post-Split Activities
General Electric Company (GE) has been subject to crucial activity with stocks being bought, sold and adjusted by multiple investment firms. Concord Wealth Partners, Highland Capital Management, and Foundations Investment Advisors are among those increasing their stakes, while Inlet Private Wealth and Pacer Advisors have lowered their holdings. Ambitious expansions are planned at GE Vernova, with investments aligning with a $90 million and a $96 million mark. The company has received updated price targets from Citigroup and Bank of America, with values reaching up to $235.00. GE Aerospace has posted promising Q4’24 results and is deemed a 'Millionaire-Maker Stock', indicating strong potential for the future. However, it did face a $362.5 million shareholder settlement over their power unit. The company's stocks are seeing consistent activity with various firms and advisors acquiring shares, signaling investor confidence. Post-split, GE Aerospace has emerged as a standalone company and has been added to the S&P Aerospace & Defense Index. Despite some fluctuations, positivity is perceived from the raised targets and assertions for strong price appreciation.

General Electric Company GE News Analytics from Thu, 29 Feb 2024 14:20:29 GMT to Sat, 01 Feb 2025 14:25:39 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 1

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