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General Electric Stock Has Nearly 30% Upside, Says Analyst

·2 min read
General Electric Stock Has Nearly 30% Upside, Says Analyst
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It's an understatement to say that onetime U.S. industrial titan General Electric (NYSE: GE) has fallen out of favor with investors in recent years. At General Electric's most recent closing stock price, that level would represent 28% upside if achieved. Since falling on hard times, General Electric has attempted to streamline its once-sprawling collection of businesses to become a leaner company with a tighter focus.