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BofA Boosts GE Aerospace Price Target to $310 on Raised 2025 Guidance
ByAinvest
Wednesday, Aug 13, 2025 3:26 pm ET1min read
BofA raised GE Aerospace's price target to $310 from $230, citing the company's raised 2025 guidance and 2028 expectations for double-digit compound annual growth in revenue and $11.5 billion operating profit. Q2 adjusted revenue rose 23% YoY to $10.2 billion, driven by a 30% rise in Commercial Engines & Services/CES revenue and a 7% increase in Defense & Propulsion Technologies/DPT revenue. Adjusted EPS grew 38% to $1.66, and the company generated $2.1 billion in free cash flow.
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