
GE Shares Climb on Boost From Biggest Bear
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Business
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University
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Hard
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The video discusses the insights of Brooke Sutherland and JP Morgan analyst Stephen Tusa on General Electric (GE). Tusa, known for his bearish stance on GE, maintains a $6 price target but upgrades his view to neutral. The discussion highlights GE's leverage issues and the potential for an equity capital raise to address them. It also covers strategic moves by GE, including asset sales and the IPO of its healthcare business, as ways to improve its financial structure.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
How might an equity capital raise benefit General Electric according to the discussion?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What strategic moves is Larry Culp considering for GE, and how do they relate to the company's debt and equity situation?
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