Is GE Aerospace Going to $165? 1 Wall Street Analyst Thinks So

Investors' concerns over the impact of Boeing's delivery delays may be overdone.An RBC Capital analyst recently raised his price target on GE Aerospace (GE 1.89%) stock from $160 to $165 and maintained his overweight rating. The update implies a 9.3% upside on the stock over the next 12 months.Looking ahead to first-quarter earningsThe aerospace market is split between original equipment manufacturing (OEM) and aftermarket. Delivery disruptions from Boeing mean that its OEM suppliers are likely to reduce th ...