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GE Upgraded to Overweight by JP Morgan
Published: Tuesday, 8 Sep 2009 | 6:36 AM ET
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By: CNBC.com

JP Morgan raised General Electric to overweight from neutral Tuesday, when it also raised the company's price target.

The share price target for GE [GE  Loading...      ()   ], which is CNBC's parent company, was raised to $17 from a previous $12 by JP Morgan, according to a Reuters report.

JP Morgan also raised 3M's [MMM  Loading...      ()   ] price target to $68 from $62, Honeywell's [HON  Loading...      ()   ] to $31 from $26, and Emerson Electric's [EMR  Loading...      ()   ] to $32 from $29.

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