GE Vernova price target raised to $1,300 from $910 at Guggenheim

Guggenheim analyst Joseph Osha raised the firm’s price target on GE Vernova (GEV) to $1,300 from $910 and keeps a Buy rating on the shares following the company’s Q1 report, citing “very strong order activity.” The firm believes that GE Vernova has the potential to return “substantially more capital to shareholders than the market currently appreciates,” the analyst added.

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