In a recent development, UBS analyst Gavin Parsons has elevated the price target for GE Aerospace (GE, Financial) shares to $216, up from the previous target of $207. This comes alongside a maintained Buy rating for the stock.
The decision follows GE Aerospace's latest performance, which demonstrated impressive margin outcomes. Additionally, the company's updated guidance appears to have factored in potential challenges such as tariff impacts and possible economic slowdowns, minimizing their risks to the business outlook.
