GE Vernova (NYSE:GEV) Now Covered by Analysts at BNP Paribas

BNP Paribas started coverage on shares of GE Vernova (NYSE:GEV) in a research note issued to investors on Wednesday morning, MarketBeat Ratings reports. The firm issued an outperform rating and a $177.00 price objective on the stock.

Other analysts have also recently issued research reports about the stock. Mizuho began coverage on shares of GE Vernova in a research report on Monday. They set a buy rating and a $154.00 price objective on the stock. JPMorgan Chase & Co. upgraded shares of GE Vernova from a neutral rating to an overweight rating and set a $141.00 price objective on the stock in a research report on Monday, April 8th. Royal Bank of Canada restated an outperform rating and set a $160.00 price objective on shares of GE Vernova in a research report on Friday, April 12th. The Goldman Sachs Group began coverage on shares of GE Vernova in a research report on Tuesday. They set a buy rating and a $154.00 price objective on the stock. Finally, Raymond James initiated coverage on shares of GE Vernova in a research report on Wednesday. They issued an outperform rating and a $160.00 target price on the stock. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of Buy and an average price target of $157.67.

GE Vernova Trading Up 3.6 %

GE Vernova stock opened at $134.70 on Wednesday. GE Vernova has a fifty-two week low of $115.00 and a fifty-two week high of $152.48.

Hedge Funds Weigh In On GE Vernova

A hedge fund recently bought a new stake in GE Vernova stock. Anderson Hoagland & Co. bought a new position in GE Vernova Inc. (NYSE:GEV) during the first quarter, according to the company in its most recent filing with the SEC. The firm bought 12,428 shares of the company’s stock, valued at approximately $1,720,000.

About GE Vernova

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.