Read up on General Electric, MSA Safety Incorporated, Boeing as they approach key price targets in the near term.

A recap of Friday's session: Leading equity indices in the US declined as S&P 500 slipped 0.77% and closed at 4,348.33. Nasdaq was down 1% before closing the session at 13,500.

What is a Price Target?

A "price target" is an estimate of the future price of a stock based on earnings forecasts and assumed valuation multiples. Price targets are typically generated by respected market analysts who believe a stock to be fairly valued relative to its projected and historical earnings. Target prices are used to evaluate stocks and can help investors evaluate the potential risk/reward profile of a stock. Let's review some industrials stocks and their price targets.

GE | Price Target: $101.87 approx $1.91 away; Current Price: $103.78 Session Low: $102.64 Session High: $104.37 | Off Hours: $103.78

General Electric is trending down and heading towards $101.87, which is only $1.91 away now. Hitting this support line might signal a change of direction.

GE's bearish run has lasted 5 days so far (-$1.47). more of the same from Friday's session: after ending Thursday at $104.82, GE declined to $102.64 Friday before closing at $103.78, thereby losing 0.99% in total. Daily trading volume (6 million shares) increased, making up 104% of the 21-day average (5.79 million).

GE | Price Target: $101.87 approx $1.91 away; Current Price: $103.78 Session Low: $102.64 Session High: $104.37 | Off Hours: $103.78

General Electric is trending down and heading towards $101.87, which is only $1.91 away now. Hitting this support line might signal a change of direction.

GE | Price Target: $101.87 approx $1.91 away; Current Price: $103.78 Session Low: $102.64 Session High: $104.37 | Off Hours: $103.78

General Electric is trending down and heading towards $101.87, which is only $1.91 away now. Hitting this support line might signal a change of direction.