GE stock price target slashed to $6 from $10 by JPMorgan, lowest of Wall Street analysts
November 09, 2018 at 09:57 AM EST
General Electric Co. shares slid another 3.4% Friday to put them on track for their lowest level since November of 1994, after JPMorgan analyst Stephen Tusa slashed his stock price target to $6 from $10 and said the company’s recent earnings were worse than expected on almost all fronts.