UBS has raised its price target for GE Aerospace to $230, maintaining a Buy rating due to consistent revenue growth and strong cash flow, despite supply chain challenges. The company reported a 28% increase in orders and a 6% rise in revenue, with a backlog of $149 billion, while also investing $1 billion in MRO to enhance capacity. Despite a slight decline in EBIT estimates for 2024 and 2025, UBS remains confident in GE's outlook, citing strong service bookings and improved margins.
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