Goldman (NYSE:GS) Remains Bullish on General Electric (NYSE:GE)

After an update concerning General Electric's (NYSE:GE) GE Capital, Goldman Sachs (NYSE:GS) reiterated their bullish outlook on the company.

Specifically cited by Goldman was the positive business and credit trends which should help propel GE Capital's earnings forward.

Special dividends are part of GE's strategy near term, with a regular dividend expected to resume by GECS in 2012 to the parent company.

Dividends could be raised as much as 30 percent in 6-9 months for GE, according to Goldman.

General Electric was trading at $16.95, down $0.08, or 0.47 percent, as of 1:14 PM EST. Goldman maintains their "Buy" rating on them and have a price target of $19 on them.