RBC Capital raised the firm’s price target on GE Aerospace (GE) to $220 from $200 and keeps an Outperform rating on the shares. The company posted “strong” Q4 results driven by strength in Commercial Engines & Services – CES – segment, with growth in both services and spare parts revenue, and GE’s initial 2025 free cash flow guide was higher than expected, the analyst tells investors in a research note. GE’s ability to maintain strong CES segment margins in light of mix pressure is also a positive, the firm added.
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