- The bank says it will ignore the bull case of the GE's free cash flow but doesn't foresee "a liquidity crisis" for the conglomerate.
- GE's management has sped up efforts to reduce debt by selling assets.
her calculation, in the most likely scenario, GE could see about $0.34 a share of free cash flow in 2019 and $0.25 in 2020.
GE was down 58% this year.
- GOLDMAN SACHS: GE Capital has a $20 billion funding gap that needs to be filled by 2020
- General Electric plunges to its lowest level since the financial crisis after JPMorgan slashes its price target
- General Electric spikes after announcing plans to speed up the sale of some of its $4 billion stake in oilfield-services provider Baker Hughes