GE Vernova (NYSE:GEV) Research Coverage Started at Raymond James

Raymond James began coverage on shares of GE Vernova (NYSE:GEV) in a research report released on Wednesday, Marketbeat Ratings reports. The firm issued an outperform rating and a $160.00 price target on the stock.

Several other research analysts have also recently weighed in on the company. Mizuho initiated coverage on GE Vernova in a report on Monday, April 15th. They set a buy rating and a $154.00 target price on the stock. Royal Bank of Canada restated an outperform rating and set a $160.00 target price on shares of GE Vernova in a report on Friday, April 12th. JPMorgan Chase & Co. upgraded GE Vernova from a neutral rating to an overweight rating and set a $141.00 target price on the stock in a report on Monday, April 8th. Finally, The Goldman Sachs Group initiated coverage on GE Vernova in a report on Tuesday. They set a buy rating and a $154.00 target price on the stock. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of Buy and a consensus price target of $160.00.

GE Vernova Trading Down 1.5 %

GEV stock opened at $135.10 on Wednesday. GE Vernova has a 12-month low of $115.00 and a 12-month high of $152.48.

Institutional Trading of GE Vernova

A hedge fund recently bought a new stake in GE Vernova stock. Maryland State Retirement & Pension System purchased a new stake in shares of GE Vernova Inc. (NYSE:GEV) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 21,256 shares of the company’s stock, valued at approximately $2,892,000.

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.