Analyst betting on GE CEO Larry Culp: 'This is a dark day,' but stock 'will come back'

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General Electric may be beaten down for a while, but it is bound to turn around, says analyst Brian Langenberg.

Source: Energy Industry News (energyindustrynews.net)

 

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GE’s New CEO Larry Culp Has That Turnaround Gene, Says AnalystMelius Research’s Scott Davis writes that GE has been plagued by problems “all related to this company being run by a band of incompetents for way too long.” He likes what he sees in Culp.
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Watch CNBC's full interview with General Electric's Larry CulpCNBC's David Faber sits down with General Electric CEO Larry Culp to discuss the company's future outlook and what the company is doing to turnaround the stock. Sounds alot like more of the same. generalelectric should be ashamed of what it did to it's employees, retirees, and shareholders. larryculpjr needs to quit taking a page from Flannery's book and lay it ALL out there instead of allowing $GE to continue to be the joke of Wall St Seems like the problems at generalelectric is a...
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JP Morgan analyst slashes GE stock forecast to $6J.P. Morgan cut its price target on General Electric to $6 a share on Friday, the lowest on Wall Street. Hungry analyst JeffImmelt should be in prison
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GE says liquidity is 'sound' after analyst cuts target, stock fallsGeneral Electric Co said on Friday that it has 'sound liquidity' after... What's GE's current price? 🖕 GE 7 Things The Buddha Taught Us About Overcoming Suffering NG2
Source: Reuters - 🏆 2. / 97 Read more »

GE stock flirts with fresh lows after analyst hacks price targetShares of General Electric took a dive, and flirted with fresh lows for the last decade, after Deutsche Bank analyst Nicole DeBlase hacked her price target following a review of the struggling industrial conglomerate’s free cash flow position. Companies that do not have share do not have Shares it’s not just markets that business is done Feels odd looking at this trade less then half a buck from its nadir low a decade after the 08 debacle Says her working for a company that launders money, not credible
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GE shares tumble below $9 as JP Morgan analyst cuts price targetShares of General Electric Co tumbled on Friday after a JP Morgan analyst slashe... $GE All the illegal 'stock trading' nwo made up to fool the public trying to hide stealing pension funds an banks paid interest on savings flipped illegally to credit card charge interest is shutting down bonne
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GE boss could face his own goodwill writedownThe firm’s stock sank anew on Monday despite Larry Culp’s vow to speed asset sales. Repeated failures to draw a line under power woes and other liabilities have shredded GE’s credibility. The new chief risks falling into the same trap, and losing investors’ confidence.
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GE Stock’s Rally Won’t Last, Analyst SaysGE shares had a rough 2018, though they gained as the year drew to a close. The research firm Gordon Haskett is still pessimistic. barronsonline Finally! It’s time too buy. Lol
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The end of the GE 'apocalypse' is here, analyst saysGeneral Electric's stock is up more 17 percent to start this year and one Wall Street firm says the 'end of apocalypse scenarios' are 'now at hand' for GE.
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Larry Bossidy weighs in on the fate of GEFormer GE executive Larry Bossidy says if GE can increase cash flow and if asset sales materialize, it will be 'a sign to everyone that they're on the way out of this ditch.' SquawkCNBC Do they bring Larry in so Joe wont be the only curmudgeon on the set? SquawkCNBC A ditch of their own making.
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