GE shares tumble below $9 as JP Morgan analyst cuts price target
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NEW YORK (Reuters) - Shares of General Electric Co tumbled on Friday after a JP Morgan analyst slashed his target price on the stock to a lowly $6, dealing a fresh blow to the U.S. industrial conglomerate's flagging share price.GE shares sank 7.3 percent to $8.44 in afternoon trading, and dropped to as low as $8.15. The stock price fell below $9 (7 pounds) for the first time since March 2009, during the throes of the financial crisis.Friday's research note from JP Morgan analyst Stephen Tusa..