Why General Electric Stock Climbed Today

Shares of General Electric (NYSE: GE) rose on Monday, following bullish analyst remarks. As of 11:35 a.m. EST today, GE's stock was up 3% after rising as much as 5% earlier in the day.

Bank of America (NYSE: BAC) analyst Andrew Obin recommended that investors buy GE this morning. He sees the industrial giant's share price climbing to $15, or about 15% higher than their current price. 

Analysts see more gains ahead for General Electric's shareholders. Image source: Getty Images.

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Source Fool.com