Jefferies raises GE Aerospace's PT on strong growth in commercial engine services
ReutersJan 7, 2026 5:32 PM
Jefferies raises PT on aircraft engine maker GE Aerospace GE.N to $375 from $365, maintains "buy" rating
New PT represents a 14.5% upside to stock's last close
Brokerage expects 14% growth in GE's commercial engine services business vs. analyst estimates of 12%
Sees double-digit rise in engine removals, driven by more maintenance work and improved supply catching up to backlog
Lowers 2026 EBIT forecast to $10.1 billion from $10.3 billion, citing slower revenue growth in defense revenue
17 of 21 brokerages rate stock "buy" or higher, three "hold" and one "sell"; median PT is $350 - data compiled by LSEG
As of last close, shares up 89.9% over the past year
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