BMO Capital raised the firm’s price target on GE Vernova (GEV) to $690 from $590 and keeps an Outperform rating on the shares. BMO sees GE Vernova running well ahead year-to-date, compared to targets it set for itself to reach by 2028, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GEV:
- GE Vernova price target raised to $715 from $620 at JPMorgan
- Strong Growth Prospects and Strategic Initiatives Justify Buy Rating for GE Vernova Inc.
- GE Vernova price target raised to $706 from $580 at Barclays
- GEV Earnings: GE Vernova Stock Rallies 15% on Solid Q2 and Guidance Upgrade
- GE Vernova Reports Strong Revenue Growth Amid Energy Transition