Argus analyst John Eade raised the firm’s price target on GE Aerospace (GE) to $250 from $210 and keeps a Buy rating on the shares. Since the restructuring, GE Aerospace has been focusing on improving its supply chain by working closely with suppliers, and these efforts have meaningfully improved the availability of components for GE, translating into higher sales and margins for the company, the analyst tells investors. The firm views shares as attractively valued.
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