General Electric (GE) is by far the DJIA leader, +7% after two Wall Street firms upgraded the stock.
-->> Oppenheimer ups GE to Outperform, and takes their price target to $18. They see diminished need for new capital raises, and a stabilization in the GECC (GE Capital Corp) portfolio.
-->> Bernstein upped GE to Outperform, with a price target of $19 for many of the same reasons. They see opportunity for earnings upside in multiple GE segments through 2011.
Nice 7% move, too bad GE only accounts for 1.1% of the DJIA, about 1/9th of IBM's weight.

Copywright 2009 AlphaNinja
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