GE Shares Move Higher Thursday With Heavy Volume

Date : 12/12/2019 @ 9:12PM
Source : Dow Jones News
Stock : General Electric Company (GE)
Quote : 12.83  -0.11 (-0.85%) @ 12:59AM
After Hours
Last Trade
Last $ 12.85 ▲ 0.02 (0.16%)

GE Shares Move Higher Thursday With Heavy Volume

General Electric (NYSE:GE)
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3 Months : From Nov 2019 to Feb 2020

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   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


(END) Dow Jones Newswires

December 12, 2019 15:57 ET (20:57 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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