BofA raises GE Aerospace PT on strong demand in aircrafts

** BofA Global Research raises price objective on GE Aerospace GE.N to $230 from $225 on the back of robust demand in commercial aircraft and anticipated profitability from LEAP program starting in 2025

** The new price target shows 16.5% upside to the stock's last close

**We don’t expect major headwinds in second half 2025; however, we see potential risks to travel demand, which GE would not be immune to " - Brokerage

** BofA raised its 2025 EPS forecast to $5.45/share from $5.40/share owing to strong aerospace demand and supply chain improvements

** Co's earnings beat analysts' estimates for 17 consecutive quarters; GE reported earnings on Tuesday

** 19 of 21 brokerages rate the stock "buy" or higher, 2 "hold"; their median PT is $222 - data compiled by LSEG

** As of last close, stock had risen 13.4% YTD... compared with a 2.1% YTD decline in the S&P 500 Industrials index .SPLRCI