GE Aerospace price target raised to $235 from $215 at UBS

UBS raised the firm’s price target on GE Aerospace (GE) to $235 from $215 and keeps a Buy rating on the shares. GE Aerospace’s Q4 earnings were not just better than feared, they were better all around, and with aftermarket orders up 30% in 2024 and 40% in Q4, plus growth guided to accelerate in 2025, concerns about aftermarket headwinds should be assuaged for now, the analyst tells investors in a research note. GE is delivering expanding profit and cash flow with drivers of near-term and long-term upside to consensus, and UBS sees a strong outlook for GE, even with broader flight activity slowing.