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Stock Market Today: World shares track Wall Street's selloff after Fed hints at 2 rate cuts in 2025. World shares skidded Thursday after U.S. stocks tumbled as the Federal Reserve hinted it may deliver fewer rate cuts in 2025 than earlier thought. The Fed cut its key rate by …
GE Aerospace's (NYSE: GE) shares declined by more than 5% as of 11 a.m. ET today. It's not often you can blame a stock price decline on an analyst downgrade of another company, but in this case ...
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
In the oil market, crude prices plunged more than 6%, representing the biggest one-day decline since September 2022 after Israel's attack against Iran over the weekend avoided oil facilities.
The analyst reiterated an Overweight rating and increased his bull case scenario price target on the stock to $397 from $371. A rendering of GE's 7HA gas turbine. (Business Wire) (Business Wire)
The stock has 13 Buy ratings, 9 Hold and zero Sell. In 2021 the company did an 8 for 1 reverse stock split. Argus's Eade believes shares have room to grow and recently raised his price target to $130.
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