Baird analyst Ben Kallo cut his rating on the stock to Hold from Buy. He slashed his price target by $167 to $649 a share.
Investors have been handsomely rewarded for buying the stock in recent years, and that run is testimony to the value in a long-term buy-and-hold strategy.
Let’s begin with the obvious question: after surging 86% over the past twelve months and reaching the $320 mark, is GE stock ...
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often ...