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Business

GE shares are hopping again when Wall Street loves Danaher deal




UBS analyst Peter Lennox-King believes this new source of money for GE, as well as the benefits, is a blessing to the company.

"The sale of GE BioPharma to Danaher effectively puts the issue at bay," Lennox-King said.

Nicole DeBlase, analyst from Deutsche Bank, was anyway among the groups, but despite raising the firm's price target for GE to $ 11 per share.

"GE is left with the less attractive parts of the Healthcare business," said DeBlase of the deal.

Here's what great Wall Street analysts said about GE's deal.



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