B of A Securities Upgrades GE Vernova to Buy, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded GE Vernova (NYSE:GEV) from Neutral to Buy, raising the price target from $200 to $300.
September 17, 2024 | 11:20 am
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POSITIVE IMPACT
B of A Securities has upgraded GE Vernova from Neutral to Buy, with a new price target of $300, indicating a positive outlook.
The upgrade from Neutral to Buy by a major analyst like B of A Securities, along with a significant increase in the price target, suggests a strong positive sentiment towards GE Vernova. This is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100