Ge Stock Jpmorgan Analyst

In a withering 123 page research report the influential jpmorgan analyst argued the risk reward for owning ge has tilted back negative because the stock s 2019 spike hasn t been based on. Shares of general electric co fell more than 7 percent on monday after j p. General electric is worth less than 5 per share jpmorgan analyst stephen tusa said in a note published on monday.

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Morgan analyst stephen tusa explained the importance of this report for shareholders as ge should provide its 2020 forecast for free cash flow in the year ahead a metric that is closely.

Ge stock jpmorgan analyst. A drop to 4 99 would represent a 25 decline from friday s close. Morgan s stephen tusa a top rated analyst downgraded the stock and further cut his price target to a street low of 5. General electric shares active as jpmorgan analyst tusa lifts rating price target longtime ge bear stephen tusa concedes there is little debate about sentiment in the stock as ceo larry culp s. Morgan upgrades shares of ge to neutral from underweight.

So i will praise jpmorgan analyst stephen tusa for hunkering down and maintaining his pessimistic outlook on general electric nyse. Stephen tusa the firm s lead analyst on the stock says the embattled industrial giant now has a more balanced risk reward at. Ge stock after ge stock gained 50 last year and reached a 52.