RBC Capital Maintains Outperform on GE Vernova, Raises Price Target to $246
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Christopher Dendrinos maintains an Outperform rating on GE Vernova (NYSE:GEV) and raises the price target from $192 to $246.
September 17, 2024 | 2:21 pm
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POSITIVE IMPACT
RBC Capital has increased the price target for GE Vernova from $192 to $246, maintaining an Outperform rating. This suggests confidence in the company's future performance.
The increase in price target from $192 to $246 by RBC Capital indicates a positive outlook on GE Vernova's future performance. Maintaining an Outperform rating suggests that the analyst expects the stock to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100