GE Healthcare soars 9% on earnings beat, wise guidance. Here's our new price target

We're lifting our price target on the medical technology provider after an encouraging fourth-quarter earnings report.

GE Healthcare soars 9% on earnings beat, wise guidance. Here's our new price target

GE Healthcare booth is seen ahead of the 2022 China International Fair for Trade in Services (CIFTIS) at China National Convention Center on August 28, 2022 in Beijing, China. 

Yi Haifei | China News Service | Getty Images

Things continue to look up for GE Healthcare stock this year.