JP Morgan Maintains Overweight on GE Vernova, Raises Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse maintains an Overweight rating on GE Vernova and raises the price target from $240 to $285.
October 09, 2024 | 8:44 pm
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POSITIVE IMPACT
JP Morgan has reaffirmed its Overweight rating on GE Vernova and increased the price target from $240 to $285, indicating a positive outlook.
The increase in price target from $240 to $285 by JP Morgan suggests a strong positive outlook for GE Vernova. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100