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GE Vernova price target raised to $1,095 from $916 at BofA

BofA analyst Andrew Obin raised the firm’s price target on GE Vernova (GEV) to $1,095 from $916 and keeps a Buy rating on the shares. The firm forecasts $14.6B in Q1 orders, which it notes would represent 44% year-over-year growth and is modestly above consensus of $14.4B in orders.

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