🟢 GE HealthCare is trading 12.68% up in after-hours trading after Needham initiated Buy-rated coverage

GE HealthCare is trading at $74.67, up 12.68%, after Needham initiated coverage with a Buy rating.

• Needham set a $93 price target, implying 43% upside from September 21’s close.
• The firm cited attractive risk-reward and expected Advanced Instrumentation Systems growth to accelerate during 2027.
• GE HealthCare has recently faced earnings misses and supply constraints, making the bullish turnaround thesis notable.