GE HealthCare Q2 Earnings Recap (Rating Downgrade)

Tom Werner/DigitalVision via Getty Images I am updating my previous analysis on GE HealthCare Technologies Inc. (NASDAQ:GEHC) in light of Q2 2024 earnings which were released on July 31st, 2024. I previously rated GE HealthCare a hold for the following reasons: GE HealthCare was lagging market growth across its businesses. The AI business had potential, but I didn't believe management was correctly counting the impact of competition in their expectations. DCF generated price target of $74 was essentially fl ...