Goldman Sachs raised the firm’s price target on GE Vernova (GEV) to $1,000 from $925 and keeps a Buy rating on the shares. The firm is updating its models as part of a broader research note previewing Q1 results among multi-industry names while noting that it expects another strong order quarter with Gas turbine orders of 7+GW, the analyst tells investors in a research note. Goldman adds that it believes we are still in the early stages of a Power market inflection.
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