GE Aerospace (NYSE:GE) surged 4% after Citigroup’s “buy” recommendation with a $386 price target, implying a 29% upside potential. GE Aerospace aims to become a trillion-dollar company in five years, citing growth opportunities in aerospace, defense, and space sectors. The company secured eight orders of LM2500 marine gas turbine engines for US Navy destroyers USS Intrepid and USS Robert Kerrey. GE Aerospace is committed to meeting the Navy’s fleet requirements.
Read more at Yahoo Finance: GE Aerospace (GE) Jumps 4% on Buy Reco, 29% Upside Potential
