J.P. Morgan analyst Seth Seifman has maintained their bullish stance on GE stock, giving a Buy rating on April 16.
Seth Seifman’s rating is based on GE Aerospace’s ability to meet expectations despite a challenging environment. The company’s Q1 results showed a headline beat, with commercial services and equipment sales performing well, even though there were some challenges like announced tariffs and lower expected departures.
GE’s management has maintained its guidance for the year, projecting low-double-digit top-line growth and a stable operating profit. This stability, along with the company’s actions to offset the impact of tariffs, provides confidence in its financial outlook, which supports Seifman’s Buy rating.
According to TipRanks, Seifman is a 5-star analyst with an average return of 11.1% and a 63.94% success rate. Seifman covers the Industrials sector, focusing on stocks such as Boeing, Booz Allen, and GE Aerospace.
In another report released on April 16, RBC Capital also maintained a Buy rating on the stock with a $220.00 price target.