🟢 GE Rises 3% on Broad Market Rally and New 'Overweight' Rating from Wells Fargo

GE is trading at $292.62 (+3.12%), benefiting from a strong market-wide rally and a positive company-specific catalyst.

• Wells Fargo initiated coverage on GE Aerospace with an 'Overweight' rating and a $325.00 price target, citing expectations that the LEAP SV ramp will drive market expectations higher.
• Market sentiment was broadly positive due to signals of U.S.-Iran de-escalation and President Trump's comments about a potential end to the conflict, which pushed crude oil prices below $100 per barrel.
• The advance follows a $283.77 close on March 31, 2026, with the stock tracking gains in the S&P 500 (+0.7%) and Nasdaq (+1.1%).