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GE Challenges Remain; Analyst Sees Shares Overvalued No Matter Who's In Charge
Friday, May 12, 2017 - 3:12pm | 451Deutsche Bank downgraded shares of General Electric Company (NYSE: GE), as it believes the shares are overvalued, given weak earnings quality and the wide gap between cash and non-cash earnings. Earnings Quality Pressures Analyst John Inch enumerated the earnings quality pressures: Inclusion of...
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UPDATE: Deutsche Bank Downgrades Eaton
Wednesday, July 30, 2014 - 11:47am | 98In a report released Wednesday, Deutsche Bank analyst John Inch downgraded Eaton Corp plc (NYSE: ETN) from Buy to Hold and lowered its price target from $90 to $77. Analysts at Deutsche Bank were disappointed by Eaton's Q2 2014 results, lowering its guidance for the second half of 2014....