JPMorgan added GE Vernova (GEV) to the firm’s Analyst Focus List as a growth idea and placed the shares on “Positive Catalyst Watch.” Despite a solid Q3 report, GE Vernova has underperformed its power generation peers over the past two months, the analyst tells investors in a research note. JPMorgan believes this brings a “compelling entry point.” It sees a favorable catalyst path setup into investor events from peers, customers, and the company over the next several weeks. The analyst keeps an Overweight rating on GE Vernova with a $740 price target
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