Markets

General Electric slumps after Deutsche Bank slashes its price target

General Electric‘s price target was to $US7 at Deutche Bank. The bank says it will ignore the bull case of the GE’s free cash flow but doesn’t foresee “a liquidity crisis” for the conglomerate. GE’s management has sped up efforts to reduce debt by selling assets. Watch General Electric trade […]
General Electric slumps after Deutsche Bank slashes its price target