UPDATE: Morgan Stanley Raises PT to $21 on General Electric

Morgan Stanley reiterates its Overweight rating on General Electric

and raises its target price to $21 as stress tests provide bullishness for GECS dividend resumption. Morgan Stanley says, "Bullish capital allocation announcements following Fed Stress Tests bolster the case for resumption of GECS dividends this year – a key catalyst for the stock. We have increased our PT to $21, and with an attractive 12% projected total return, we remain OW." GE closed at $19.59 a share on Tuesday.