GE Vernova shares are trading higher after Jefferies initiated coverage on the stock with a Buy rating and announced a price target of $261.
Portfolio Pulse from Benzinga Newsdesk
GE Vernova shares rose following Jefferies' initiation of coverage with a Buy rating and a price target of $261.
September 04, 2024 | 5:16 pm
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POSITIVE IMPACT
Jefferies initiated coverage on GE Vernova with a Buy rating and a price target of $261, leading to a rise in the stock price.
The initiation of coverage by Jefferies with a Buy rating and a specific price target is a positive signal to investors, likely leading to increased buying interest and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100