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Share Name | Share Symbol | Market | Type |
---|---|---|---|
GE Aerospace | NYSE:GE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
3.43 | 2.09% | 167.54 | 167.96 | 165.03 | 165.12 | 2,520,177 | 19:01:12 |
By Stephen Nakrosis
Shares of General Electric Co. (GE) are among the most active stocks Thursday, after UBS raised its recommendation and price target on the stock.
At 3:37 p.m. EST, shares of GE had risen 4.88% to trade at $11.50. Volume topped 72.1 million shares, above the 65-day average of some 50.6 million. The stock is closing on the 52-week high of $11.84, reached in November.
Before the bell Thursday, UBS upgraded GE to buy from hold, and raised its price target to $14 per share from $11.50, as reported by Barron's. A UBS analysts said 2020 would be an "inflection year" for the company.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
December 12, 2019 15:57 ET (20:57 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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