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Benzinga
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Goldman Sachs Gains Confidence In Market Rebound, Upgrades GE Healthcare Amid China Recovery Hopes

1. Trump announced tariffs on imports from Mexico, Canada, and China. 2. China retaliated with tariffs and sanctions on U.S. goods. 3. Goldman Sachs upgraded GEHC from Neutral to Buy, target raised to $100. 4. China's market for GEHC shows signs of stabilizing and growth. 5. GEHC's growth may lag due to sustained headwinds in the China market.

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FAQ

Why Bullish?

Goldman Sachs' upgrade signifies confidence in GEHC's growth potential despite geopolitical challenges.

How important is it?

Analyst upgrades are crucial indicators, likely influencing market perceptions and investor sentiment regarding GEHC.

Why Long Term?

The forecasted recovery in China could enhance GEHC's sales by 2026, promising sustained growth.

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