GE Vernova price target raised to $1,250 from $993 at Barclays

Barclays analyst Julian Mitchell raised the firm’s price target on GE Vernova (GEV) to $1,250 from $993 and keeps an Overweight rating on the shares following the Q1 report. The company’s electrification segment is positioned for “very substantial” growth in the years ahead, the analyst tells investors in a research note.

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