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GE Vernova price target raised to $499 from $399 at Susquehanna

Susquehanna raised the firm’s price target on GE Vernova (GEV) to $499 from $399 and keeps a Positive rating on the shares. The firm updated its model following recent news on the IRA and order volumes. The the repeal of the first draft of the IRA was better than expected and the China tariff pause was also a positive development.

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