GE Aerospace rises 2.58% as Jefferies cuts price target to $435
AI Summary- Jefferies analyst Sheila Kahyaoglu lowered GE Aerospace’s price target while keeping a Buy rating.
- $435 became Jefferies’ new target, down from $455, as GE traded at about 37.7 times earnings.
- GE Aerospace expects commercial engine-services growth above 20% in 2026.