Morgan Stanley Initiates Coverage On GE Vernova with Equal-Weight Rating, Announces Price Target of $167
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on GE Vernova (NYSE:GEV) with an Equal-Weight rating and set a price target of $167.
May 23, 2024 | 9:28 am
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Morgan Stanley has initiated coverage on GE Vernova with an Equal-Weight rating and set a price target of $167.
The initiation of coverage by Morgan Stanley with an Equal-Weight rating suggests a neutral stance on GE Vernova's stock. The price target of $167 provides a specific valuation benchmark, but the neutral rating indicates no strong bullish or bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100