Credit Suisse upgrades GE to outperform, says struggling stock can jump more than 25%

Published Tue, Jan 4 20225:52 AM ESTUpdated Tue, Jan 4 202211:52 AM EST

Jesse Pound @/in/jesse-pound @jesserpound

General Electric logo is seen through magnifier in front of displayed Aviation, Energy, Healthcare words in this illustration taken, November 9, 2021.

Dado Ruvic | Reuters

The recent slide for General Electric does not reflect the fundamental upside for the stock, and investors should take another look at it, according to Credit Suisse.