Morgan Stanley Upgrades GE Vernova to Overweight, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded GE Vernova (NYSE:GEV) from Equal-Weight to Overweight and raised the price target from $175 to $220.
August 01, 2024 | 9:18 am
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Morgan Stanley analyst Andrew Percoco has upgraded GE Vernova from Equal-Weight to Overweight and increased the price target from $175 to $220.
The upgrade from Equal-Weight to Overweight and the significant increase in the price target from $175 to $220 by a reputable analyst at Morgan Stanley is likely to positively impact investor sentiment and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100