tiprankstipranks

GE Vernova price target raised to $413 from $391 at Jefferies

GE Vernova price target raised to $413 from $391 at Jefferies

Jefferies raised the firm’s price target on GE Vernova (GEV) to $413 from $391 and keeps a Buy rating on the shares. Jefferies is incrementally positive on the back of a “robust” order book, and while wind is a headwind, the firm sees various offsets including the gas and electrification business, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue