Raymond James Downgrades GE Vernova to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Pavel Molchanov has downgraded GE Vernova (NYSE:GEV) from Outperform to Market Perform.
October 02, 2024 | 5:35 pm
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Raymond James has downgraded GE Vernova from Outperform to Market Perform, indicating a less optimistic view on the stock's short-term performance.
The downgrade from Outperform to Market Perform by a reputable analyst suggests a less favorable outlook for GE Vernova's stock in the short term. This could lead to a decrease in investor confidence and potential selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100