11:01 AM EDT, 07/28/2025 (MT Newswires) -- GE Aerospace's (GE) updated outlook reflects "continued positive momentum" amid the company's "operational excellence and leading product base," BofA Securities said in a note Monday.

The firm said it sees the increased 2025 guidance and 2028 expectations for double-digit compound annual growth rate, $11.5 billion operating profit and roughly $8.5 billion free cash flow as "strong."

The raised 2025 guidance and 2028 expectations are conservative, which could give additional upside, BofA said.

"We continue to see GE as a best-in-class performer and see opportunities for continued compounded growth through the end of the decade," the firm said.

BofA lifted its price objective on GE Aerospace to $310 from $230 and maintained its buy rating.

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