Deutsche Bank Downgrades General Electric To Hold

Analysts at Deutsche Bank downgraded General Electric Company GE from Buy to Hold. The price target for General Electric has been lowered from $30 to $28. General Electric shares have declined 9.86% over the past 52 weeks, while the S&P 500 index has gained 9.94% in the same period. General Electric's shares fell 0.53% to $24.47 in pre-market trading.