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Viewed 406 times2016-1-6 12:02 | valentino, shoes, sale

Merrill's Call Should Boost GE valentino flats

Merrill Lynch reiterates their Buy rating on General Electric (NYSE:GE) with a price outlook of $37.50.

The firm thinks GE will likely deliver 2Q08 EPS results inline with the previous guidance of 5355 cents this event could present a positive upside trading catalyst for GE shares. They believe GE would have preannounced an earnings shortfall rather than risk even greater investor backlash from reporting a miss the day of the earnings release.

After 2Q08, valentino shoes sale earnings comparisons start to ease. GE has already materially lowered guidance for the full year and consensus expectations have declined substantially since midApril. Merrill believes the impact of higher loss provisions, lower securitization gains, and slower real estate markets are part of the company previous guidance.

Notablecalls: Ah, lovely. Just what we needed this morning. GE's a buy here for sure. The company already lowered the bar and has traded down significantly since. I'm betting the stock will surpass the $27 level in the shortterm.




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