Andrew Obin

General Electric Company (NYSE: GE) shares have tumbled since the company announced plans to break up the company earlier this month. Bank of America recently hosted a conference call with GE CEO Larry Culp and CFO Carolina Dybeck Happe to discuss management’s focus and the current...

General Electric Company (NYSE: GE) shares pulled back 1% on Wednesday after rallying on Tuesday following news the company is planning to break into three different entities. GE announced it will divide into three different companies focusing on aviation, health care and energy. GE is hoping the...

General Electric Company (NYSE: GE) failed to wow the market when it reported third-quarter earnings numbers, but one analyst said Monday that he's  optimistic that the industrial giant’s free cash flow recovery will really start to gain steam in 2022. The GE Analyst: Bank of America...

General Electric Company (NYSE: GE) CEO Larry Culp spoke at the Bernstein Strategic Decisions Conference on Friday. On Monday, Bank of America analyst Andrew Obin discussed several investor takeaways from Culp’s presentation. Culp expressed confidence that GE’s Aviation segment will...

General Electric Company (NYSE: GE) shares have slumped since the company reported first-quarter earnings last week. Yet GE investors are optimistic that 2021 could be the year the company finally turns the corner, and BofA Securities analyst Andrew Obin has raised his outlook for GE cash...

General Electric Company (NYSE: GE) is taking steps to become a "normal" industrial stock by easing investor concerns with its GE Capital business, according to BofA Securities. The GE Analyst: Andrew Obin maintains a Buy rating on GE's stock with a $15 price target. The GE...

The Wall Street Journal has reported that AerCap Holdings N.V. (NYSE: AER) is reportedly in talks to merge with the aircraft leasing business of General Electric Company (NYSE: GE). Both stocks traded higher on Monday morning following the report, and Bank of America analyst Andrew Obin said...

General Electric Company (NYSE: GE) shares traded slightly higher on Monday after one Wall Street analyst performed a deep dive into the company’s free cash flow outlook. The GE Analyst: Bank of America analyst Andrew Obin reiterated his Buy rating for GE and raised his price target from $13...

3M Co (NYSE: MMM) faces heightened PFAS risks with Democrats taking control of the U.S. Senate, according to BofA Securities. The 3M Analyst: Andrew Obin downgraded 3M from Neutral to Underperform and reduced the price target from $200 to $170. The 3M Thesis: The Republicans prevented major PFAS...

General Electric Company (NYSE: GE) shares are up 85% in the past three months, and the company can finally put at least one of its lingering problems to bed. What Happened? On Wednesday, GE agreed to a $200 million settlement with the SEC related to an ongoing investigation into its power and...

Kieran Murphy, the CEO of General Electric Company’s (NYSE: GE) GE Healthcare division, said in an update that management expects low-to mid-single-digit revenue growth in 2021, given rising COVID-19 cases globally, according to BofA Securities. The General Electric Analyst: Andrew Obin...

General Electric Company (NYSE: GE) shares gained 5.8% on Tuesday after the company landed an upgrade on Wall Street. The GE Analyst: Oppenheimer analyst Christopher Glynn upgraded GE from Perform to Outperform and set a $12 price target. The GE Thesis: Glynn said GE’s net debt is down...

General Electric (NYSE: GE) shares have been on fire since the company’s third-quarter earnings beat in late October, but one analyst said Friday that positive coronavirus vaccine news from Pfizer Inc. (NYSE: PFE) makes the GE bull case even better heading into 2021. The GE Analyst: Bank...

Encouraging news on the Pfizer Inc. (NYSE: PFE) coronavirus vaccine candidate has changed the narrative related to the global pandemic, and BofA Securities said Wednesday that it has changed the investment theses for a handful of industrial stocks as well. The Industrials Analyst: Andrew Obin...

General Electric Company (NYSE: GE) shares were rocketing higher Wednesday after the company beat analyst estimates for third-quarter revenue and reported a surprise profit. What Happened: GE reported adjusted third-quarter earnings per share of 6 cents, beating analyst estimates of a 4-...