GE Aerospace stock price jumps on Morgan Stanley’s $425 call — what to watch before Monday
GE Aerospace shares climbed 2.5% to $343.22 after Morgan Stanley initiated coverage with an Overweight rating and a $425 price target. The bank cited strong aftermarket cash flow and pricing power. American Airlines selected GE’s CFM engines for future Airbus A321neo deliveries. U.S. producer price data is due February 27.