Raymond James Initiates Coverage On GE Vernova with Outperform Rating, Announces Price Target of $160
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Pavel Molchanov initiates coverage on GE Vernova (NYSE:GEV) with an Outperform rating and a price target of $160.
April 17, 2024 | 11:08 am
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Raymond James initiated coverage on GE Vernova with an Outperform rating and a price target of $160.
The initiation of coverage by a reputable analyst firm like Raymond James with an Outperform rating and a high price target usually leads to positive investor sentiment and can drive the stock price up in the short term. The specific mention of GE Vernova and the bullish price target highlight a strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100