Morgan Stanley Initiates GE Aerospace Coverage With Top Price Target

Morgan Stanley launched coverage of GE Aerospace with an optimistic outlook, projecting the company will surpass Wall Street’s earnings and free cash flow forecasts through 2028. Analysts cited strong operational execution and demand in commercial aviation as key drivers for the bullish projection, positioning GE Aerospace as a sector leader. The firm assigned the highest price target among peers, signaling confidence in the company’s long-term growth trajectory and financial performance. This forecast follows GE’s strategic split into three independent entities, with GE Aerospace emerging as the standalone aviation-focused business in 2024. Investors may see this as validation of GE’s restructuring, reinforcing market confidence in its aerospace division’s profitability and expansion potential.