UBS Slaps Short-Term Sell on GE (GE), Says AAA Rating and Dividend At Risk

January 21, 2009 by Douglas A. McIntyre

Once the bluest of the blue chips, General Electric (NYSE: GE) can not seem to get a break anymore. Today, analysts at UBS slapped a "Short Term Sell" on GE, saying the company’s AAA rating and the company’s dividend is at risk. The firm also lowered their price target from $18 to $12.

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