Why General Electric Stock Ripped Higher This Morning

Rich Smith, The Motley Fool
·2-min read
Why General Electric Stock Ripped Higher This Morning

General Electric (NYSE: GE) stock is on a tear, rising 6.2% through 10 a.m. EST Tuesday and hitting its highest price since early March. Investors who own this industrial bellwether can thank the friendly analysts at Oppenheimer & Co. for the gains. This morning, Oppenheimer upgraded General Electric stock to outperform and set a $12 price target on the (formerly) $10 stock.