Bank of America CorpBAC
Mentioned

The Fair Value Estimate for General Electric has been raised from US$350.45 to about US$404.90 per share following Q2 results and updated guidance. Research firms including Deutsche Bank, UBS, Jefferies and Citi have raised price targets on GE Aerospace, citing stronger execution, healthy demand and backlogs. Bernstein and JPMorgan noted Q2 results and guidance beat expectations, while Wells Fargo and BofA flagged concerns that aftermarket growth may slow. The revised model assumes revenue growth of about 7.67%, net profit margin of roughly 18.57%, a future P/E multiple of about 42.3x, and a discount rate of 8.07%.
Bank of America Corp
Deutsche Bank Aktiengesellschaft
Jefferies Financial Group Inc
UBS Group AG
Wells Fargo & Company
Citigroup Inc.
JPMorgan Chase & Co
GE AerospaceFair value estimate raised to $404.90 and multiple firms raised price targets after Q2 results and guidance beat expectations.