Goldman Sachs Maintains Buy on GE Vernova, Raises Price Target to $308
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie has maintained a Buy rating on GE Vernova and raised the price target from $220 to $308.
October 10, 2024 | 3:03 pm
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Goldman Sachs has reaffirmed its Buy rating on GE Vernova and increased the price target significantly from $220 to $308, indicating strong confidence in the company's future performance.
The increase in price target from $220 to $308 by a reputable firm like Goldman Sachs suggests a strong positive outlook for GE Vernova. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100