J.P. Morgan Increases EPS Estimates On General Electric

According to J.P. Morgan, General Electric GE, EPS estimates are revised. J.P. Morgan announced that it would maintain its Overweight rating on GE. PT is set to $22, and EPS estimates have increased from $1.37 to $1.39 in 2011, remaining the same in 2012 ($1.65) and 2013 ($1.95). GE closed on Friday at $19.04.