Analysts' Actions: General Electric & GrubHub Initiated, GNC Upgraded

In Wednesday's Analysts' Actions, Stifel Nicolaus starts GE at 'Buy', Goldman Sachs initiates GrubHub and Wedbush upgrades GNC. General Electric (GE) is now being covered at Stifel Nicolaus with a 'Buy' rating and the price target is set at $30. That's about 15 percent upside potential from where the stock is currently trading. The analysts at Stifel Nicolaus think GE's 'recent portfolio will bring strong growth in 2015'. Goldman Sachs initiated coverage of GrubHub (GRUB). The firm is starting the food delivery site with a 'Neutral' rating and giving a $44 price target. Goldman thinks GrubHub has 'the most at scale platform of food delivery websites.' GNC (GNC) is upgraded at Wedbush to 'Outperform' from 'Neutral' with the price target increased to $46 from $36 a share. The analysts at Wedbush think the health specialty retailer 'reduced its promotions and faces easier near term comps.'