GE AEROSPACE : BofA adjusts post-merger target
In a research note, the broker says it continues to see GE as a prime opportunity to capitalize on the healthy market for civil aircraft engines, as well as the dynamism of the spare parts segment.
BofA points out that GE engines account for the lion's share of the commercial aviation market, with an installed base of some 44,000 engines that it expects to continue to grow, leading it to renew its buy recommendation on the stock.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Go to the original article.
Contact us to request a correction