On Monday, Obin said GE’s 3% year-over-year drop in orders in the fourth quarter was also a pleasant surprise given orders dropped 28% in the previous quarter. Heading into the new year, GE CEO Larry Culp highlighted his company's strong cash performance, predicting that 2021 will see GE produce a further $2.5 billion to $4.5 billion in positive free cash flow. If BofA is right about the future belonging to green energy, GE's finally looking like it's in a good financial position to capitalize on those opportunities. Bank of America analyst Andrew Obin reiterated his Buy rating for GE and raised his price target from $13 to $14. (Clips from the latest news headlines)
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