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GE Upgraded to Overweight by JP Morgan
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
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], 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
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()
] price target to $68 from $62, Honeywell's [HON
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()
] to $31 from $26, and Emerson Electric's [EMR
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] to $32 from $29.
© 2009 CNBC.com
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