GE Vernova price target raised to $800 from $761 at RBC Capital

RBC Capital raised the firm’s price target on GE Vernova (GEV) to $800 from $761 and keeps an Outperform rating on the shares. The company reported another strong quarter ahead of expectations, and GE Vernova continues to show accelerating demand and further indicators of favorable pricing and demand for the foreseeable future, the analyst tells investors in a research note.