RBC's maintained target may indicate confidence in GE Aerospace's ability to sustain operating progress, which could positively impact the company's stock performance and suggest a strong outlook for the aerospace and defense sector.
Analyst Keeps Price Target Ahead Of Third Quarter Results
Ahead of its third-quarter results, RBC Capital has maintained a $400 target for GE Aerospace stock. The company reported a 21% increase in second-quarter revenue to $13.35 billion and a rise in net income to $2.37 billion. GE Aerospace is set to release its third-quarter earnings on October 20. The maintained target was reported by an unknown source.
RBC's maintained target may indicate confidence in GE Aerospace's ability to sustain operating progress, which could positively impact the company's stock performance and suggest a strong outlook for the aerospace and defense sector.
Analyst Keeps Price Target Ahead Of Third Quarter Results
Ahead of its third-quarter results, RBC Capital has maintained a $400 target for GE Aerospace stock. The company reported a 21% increase in second-quarter revenue to $13.35 billion and a rise in net income to $2.37 billion. GE Aerospace is set to release its third-quarter earnings on October 20. The maintained target was reported by an unknown source.