Rothschild & Co Redburn upgraded GE Vernova (GEV) to Buy from Sell with a price target of $1,100, up from $560. The firm says power and utilities demand and margins in both new equipment and service are far stronger than it expected. The analyst now expects “sharp upgrades to guidance” for both Siemens Energy and GE Vernova at the end of 2026 and probably 2027.
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