JP Morgan analyst slashes GE stock forecast to $6

J.P. Morgan cut its 12-month price target on General Electric to just $6 a share on Friday, the lowest on Wall Street. “The outcome of GE results was worse than expected on almost all fronts,” J.P. Morgan’s Stephen Tusa said of the company’s third quarter earnings. “While liquidity is certainly debatable, we believe this is […]

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TripAdvisor shares pop 8% on fast-growing leisure offerings

TripAdvisor shares rose more than 8 percent in premarket trading Thursday after the travel company reported third-quarter earnings were boosted by its growing non-hotel business. “We are on track to deliver strong profit growth in 2018, and we are well-positioned heading into 2019,” TripAdvisor CFO Ernst Teunissen said in a statement. TripAdvisor’s stock soared as […]

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