Morgan Stanley Maintains Overweight on GE Vernova, Raises Price Target to $256
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Andrew Percoco has maintained an Overweight rating on GE Vernova and raised the price target from $220 to $256.
September 13, 2024 | 11:36 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has increased its price target for GE Vernova from $220 to $256, maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target by a major financial institution like Morgan Stanley indicates a strong positive sentiment towards GE Vernova's future performance. The Overweight rating suggests that the stock is expected to outperform the market, which is likely to attract more investors and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100