General Electric (NYSE:GE)
Historical Stock Chart
3 Months : From Nov 2019 to Feb 2020
By Stephen Nakrosis
Shares of General Electric Co. (GE) are among the most active stocks Thursday, after UBS raised its recommendation and price target on the stock.
At 3:37 p.m. EST, shares of GE had risen 4.88% to trade at $11.50. Volume topped 72.1 million shares, above the 65-day average of some 50.6 million. The stock is closing on the 52-week high of $11.84, reached in November.
Before the bell Thursday, UBS upgraded GE to buy from hold, and raised its price target to $14 per share from $11.50, as reported by Barron's. A UBS analysts said 2020 would be an "inflection year" for the company.
--Write to Stephen Nakrosis at firstname.lastname@example.org
(END) Dow Jones Newswires
December 12, 2019 15:57 ET (20:57 GMT)
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