Susquehanna analyst Charles Minervino raised the firm’s price target on GE Vernova (GEV) to $775 from $750 and keeps a Positive rating on the shares. The firm updated its target following the company’s investor meeting where it laid out new financial targets for 2028 where it expects now to do $52B in revenues up from their prior $45B prior forecast.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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 $780 from $710 at BMO Capital
- GE Vernova upgraded to Outperform from Sector Perform at RBC Capital
- GE Vernova upgraded to Outperform at RBC Capital on stronger outlook
- GE Vernova price target raised to $1,000 from $740 at JPMorgan
- GE Vernova upgraded to Outperform from Perform at Oppenheimer