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GE: Jefferies still on hold, maintains TP

( - The analyst believes that Chinese equipment manufacturers are continuing to win market share in the global wind turbine market.

Jefferies therefore confirms its Hold rating on the GE stock with a target price of 80 dollars.

In short, the broker believes that the potential for increased competition from Chinese OEMs represents a long-term risk to GE Renewables' profitability targets.

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