GE Aerospace (NYSE:GE) Trading Up 1.6% - Here's What Happened

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GE Aerospace (NYSE:GE) shares rose 1.6% on Monday, trading up to $304.41 on increased volume. The company recently reported strong earnings, beating analyst expectations with $1.57 EPS and $11.90 billion in revenue, and subsequently increased its quarterly dividend to $0.47. Analysts have maintained a “Moderate Buy” rating with an average price target of $331.12, though some insiders have sold shares.

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