Ge Stock Jp Morgan

Ge s stock extends selloff toward 4 month low.

Ge stock jp morgan. The rally comes as general electric s biggest bear lightens up on the stock. Tusa is the most bearish analyst on ge s stock but gained a following in recent years. 12 2019 at 2 17 p m. Morgan analyst stephen tusa a frequent ge bear has maintained his underweight rating on ge stock with a 5 price target which implies nearly 45 downside from current levels.

Morgan has an underweight rating on ge with a price target of 5 a share for the end of 2020. Conglomerate at less than 44 billion and predicting it is yet to. Morgan s stephan tusa criticized the company s free cash flow while maintaining his sell. Shares of general electric co fell more than 7 percent on monday after j p.

Morgan assembles experts and investors to assess the fallout of the covid 19 pandemic on the global economy trade u s. Morgan s tusa affirms bearish view published. Morgan s stephen tusa a top rated analyst downgraded the stock and further cut his price target to a street low of 5. Morgan analyst stephen tusa cut his general electric price target to 5 from 7 on tuesday and called the company s stock the most expensive value trap we have ever seen.

Presidential election and when life might return to normal. Just last week j p. The mood at the imf and world bank virtual spring meetings. General electric co ge n shares are now worth less than 5 each analysts from j p.