Sterne Agee Reiterates Buy on General Electric, Adjusts PT to $24

Sterne Agee reiterated its Buy rating on General Electric GE. At the same time, the rating agency slightly adjusted its price target on the company's stock to $24. On Friday, GE lost 0.63% of its value to finish the day at $19.04. Its shares continued to fall in today's pre-market trading, falling 0.89% to stand around $18.87.