BMO Capital lowered the firm’s price target on GE Vernova (GEV) to $420 from $471 but keeps an Outperform rating on the shares after meeting with its management. The messaging following DeepSeek emergence remains upbeat and positive for both Power and Electrification business, the analyst tells investors in a research note. The company also remains clear-eyed regarding the Wind business and which is likely more de-risked than previously appreciated, the firm added.
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