GE Vernova price target raised to $550 from $500 at Barclays

Barclays analyst Julian Mitchell raised the firm’s price target on GE Vernova (GEV) to $550 from $500 and keeps an Overweight rating on the shares. The firm expects “robust” power generation order growth until 2028-2029 with high gas demand growth and increased estimates in the multi-industry sector.

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