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General Electric Shares Get Deutsche Bank Bull Call Based on Sales Catalysts

January 13, 2020

Via: TheStreet

General Electric (GE) – Get Report is expected to beat fourth-quarter earnings expectations Deutsche Bank analysts said in a note.

GE shares at last check were 1.1% higher at $11.80 in Monday trading. They’d fallen more than 2% Friday.

Deutsche Bank expects General Electric to report fourth-quarter earnings of 19 cents a share, topping the consensus analyst estimate of 18 cents. That beat will be driven by quarter-to-quarter improvements within the company’s four business segments.

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