By: Benzinga
Morgan Stanley Reiterates Equal-Weight Rating on General Electric Company on Announced NBCU Sale
In a report published Wednesday, Morgan Stanley reiterated its Equal-Weight rating on General Electric Company (NYSE: GE ). Morgan Stanley noted, “This evening, GE announced the sale of its remaining 49% equity stake in the NBCU JV to Comcast for $16.7bn. In addition, GE will sell NBCU-owned property to Comcast
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