Morgan Stanley raises GE target to $17, a high among Wall Street banks

(CNBC)

• Morgan Stanley raised its price target on General Electric to $17.
• Analyst Josh Pokrzywinski said the company’s investor day on March 10 could be a “catalyst.”
• Pokrzywinski noted that there’s “a lot of room to grow in Aviation,” typically the company’s most profitable business. That unit has dragged down the conglomerate during the pandemic.