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GE Vernova downgraded to Neutral from Buy at Seaport Research

Seaport Research downgraded GE Vernova (GEV) to Neutral from Buy without a price target GE Vernova significantly raised its 2028 targets amid Power and Electrification momentum, expanded its repurchase authorization by $4B, and doubled its regular quarterly dividend, the analyst tells investors in a research note. Seaport now thinks GE Vernova is fairly valued with a focus on 2026-2028.

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