JPMorgan raised the firm’s price target on GE Vernova (GEV) to $460 from $430 and keeps an Overweight rating on the shares. The firm also removed the shares from its Analyst Focus List. JPMorgan lowered estimates for onshore wind citing the recent softness in order activity and potential headwinds from an uncertain policy environment. Since GE Vernova’s year-to-date low on April 4, the stock is up 57%, the analyst tells investors in a research note.
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