Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about General Electric Stock Price: Wall Street Reaction To Earnings Report
Private Equity

General Electric Stock Price: Wall Street Reaction To Earnings Report

by businessinsider.com posted 2weeks ago 6 views
General Electric said in its fourth-quarter earnings report on Thursday that it made progress on deleveraging its business, sending shares soaring as much as 18%. GE also said it sold off $8 billion of assets in the quarter and brought its debt load down by $21 billion. John Walsh at Credit Suisse liked what he saw and raised his price target on the company. He said GE is on track to make significant progress. His commentary was part of a broader consensus growing on Wall Street that GE's restructuring plan will work. But not everyone agreed.

In this article