Why General Electric Stock Climbed Today
Shares of General Electric (NYSE: GE) rose on Monday, following bullish analyst remarks. As of 11:35 a.m. EST today, GE's stock was up 3% after rising as much as 5% earlier in the day.
Bank of America (NYSE: BAC) analyst Andrew Obin recommended that investors buy GE this morning. He sees the industrial giant's share price climbing to $15, or about 15% higher than their current price.
Analysts see more gains ahead for General Electric's shareholders. Image source: Getty Images.
Source Fool.com
