Citi analyst Andrew Kaplowitz raised the firm’s price target on GE Vernova (GEV) to $670 from $544 and keeps a Neutral rating on the shares. The company reported solid Q2 results with “relatively modest upside” to its 2025 outlook, the analyst tells investors in a research note. The firm is a little surprised by the post-earnings share rally and sees a balanced risk/reward at current levels.
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