Option Millionaires

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General Electric price target raised to $17 from $13 at Morgan Stanley
Morgan Stanley analyst Joshua Pokrzywinski raised the firm's price target on General Electric to $17 from $13 and keeps an Overweight rating on the shares ahead of the company's investor outlook meeting on March 10, which he thinks may be "an important catalyst" for the stock. He believes the March 10 meeting will be the start of a multi-year path to above-consensus free cash flow at GE, Pokrzywinski tells investors. He thinks the company's Aviation segments appears to have significant recovery potential and its contribution to free cash flow performance "looks conservative in guidance," the analyst added