RBC Capital raised the firm’s price target on GE Vernova (GEV) to $996 from $800 and keeps an Outperform rating on the shares as part of a broader research note previewing Q1 for Clean Energy names. The favorable macro backdrop will continue to drive strong order flow, though the ongoing tariff policy uncertainty and the Iran conflict create several key debates in the sector including inflationary cost pressures due to higher freight costs, tax credit market uncertainty, and demand impacts, the analyst tells investors in a research note.
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