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GE stock has taken off, but analysts disagree on whether it will last.
Loic Venance/AFP via Getty Images
Shares of
General Electric
got a boost as UBS analyst Markus Mittermaier raised his price target to a new high-water mark for Wall Street.
He said he feels good about where the company is headed in the long run, and weighed in on the debate between bulls and bears debate raging on Wall Street.
Mittermaier’s new target for the price is $17 a share, up from $15. That is the highest call among analysts tracked by Bloomberg who follow the