** BofA Global Research raises price objective on GE Aerospace GE.N to $230 from $225 on the back of robust demand in commercial aircraft and anticipated profitability from LEAP program starting in 2025
** The new price target shows 16.5% upside to the stock's last close
**We don’t expect major headwinds in second half 2025; however, we see potential risks to travel demand, which GE would not be immune to " - Brokerage
** BofA raised its 2025 EPS forecast to $5.45/share from $5.40/share owing to strong aerospace demand and supply chain improvements
** Co's earnings beat analysts' estimates for 17 consecutive quarters; GE reported earnings on Tuesday
** 19 of 21 brokerages rate the stock "buy" or higher, 2 "hold"; their median PT is $222 - data compiled by LSEG
** As of last close, stock had risen 13.4% YTD... compared with a 2.1% YTD decline in the S&P 500 Industrials index .SPLRCI
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
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