General Electric is worth less than $5 per share, JPMorgan says - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

General Electric is worth less than $5 per share, JPMorgan analyst Stephen Tusa says as he withdraws target price

A drop to $4.99 would represent a 25% decline from Friday's close.has become a well-known analyst on the name,

General Electric still has no official earnings guidance, which provides little visibility on the business looking three to six months out, Tusa said. Tusa thinks "the collapse of this forward estimate [free cash flow] curve is coming soon," the note said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sad to a company I have proudly worked in for 4 years.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Insider's biggest advertising and media stories for August 31 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Huge Data Harvesting Great proposition. Would love to see a real Amazon competitor. Whilst I don’t use Tik Tok, there’s no denying it’s monetisation potential.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Michael Moore says Trump on course for win in presidential election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Micheal Moore is not a wise man His 'base' either votes for him or doesn't. It's not like they can double vote coz they're so 'patriotic' 😂 So what? Looking for attention
Source: BusinessInsider - 🏆 729. / 51 Read more »

3 ways to grow your blogging business like a startup - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How to build a strong LinkedIn profile that gets noticed - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Paywall
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump will visit Kenosha and meet with Jacob Blake's family - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. We trust Joe Biden and democrats for honor,power,unity and prosperity for America! I just hope people that want Trump to lose know riots help Trump But first, he must play golf, charge taxpayers and line his pockets. Trump economics.
Source: BusinessInsider - 🏆 729. / 51 Read more »