Morgan Stanley raised the firm’s price target on GE Vernova (GEV) to $822 from $710 and keeps an Overweight rating on the shares. In clean tech, the firm’s favorite stocks are those that address scarcity in the market and those that enable fast time to power for data centers, such as GE Vernova, the analyst tells investors in a year-ahead note for the group.
Claim 55% Off TipRanks
New trading tool for GEV bullsPublished 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 $831 from $717 at Wells Fargo
- Costco downgraded, Dollar General upgraded: Wall Street’s top analyst calls
- GE Vernova initiated with an Outperform at Evercore ISI
- GE Vernova, Seatrium consortium awarded contract from TenneT
- PayPal downgraded, Roku upgraded: Wall Street’s top analyst calls
