GE shares tumble below $9 as JP Morgan analyst cuts price target

November 9, 2018 admin Business News Comments Off on GE shares tumble below $9 as JP Morgan analyst cuts price target

Shares of General Electric Co tumbled on Friday after a JP Morgan analyst slashed his target price on the stock to a lowly $6, dealing a fresh blow to the U.S. industrial conglomerate’s flagging share price.

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Source:: Reuters – Business News