UBS Raises GE Aerospace (GE)’s Price Target to $366, Maintains Buy Rating

Core Viewpoint - GE Aerospace is projected to be among the 10 largest defense stocks by 2025, with UBS raising its price target to $366 from $344 while maintaining a Buy rating [1][2]. Group 1: Earnings and Outlook - The price target adjustment by UBS followed GE Aerospace's third-quarter earnings call, where management provided positive commentary and raised the company's outlook for 2025 [2]. - UBS anticipates that GE Aerospace will continue to exceed expectations, despite the company setting a higher performance benchmark for itself [2][3]. Group 2: Market Performance and Analyst Ratings - UBS highlighted the strength of the end markets and commended GE Aerospace's operational performance, although a deceleration in aftermarket growth is expected next year [3]. - RBC Capital reiterated its Outperform rating for GE Aerospace, maintaining a price target of $340 [3]. Group 3: Company Overview - GE Aerospace is a global leader in aerospace propulsion, services, and systems, with an installed base of approximately 25,000 military and 45,000 commercial aircraft engines [4].