Streetbeat News

GEV

GE Vernova Inc.

https://www.gevernova.com

Industry

Renewable Utilities

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts.

Open

306.45

Mkt cap

87B

Volume

2.9M

High

315.77

P/E Ratio

56.21

52-wk high

447.50

Low

303.00

Div yield

0.00

52-wk low

119.00

RBC Capital analyst Christopher Dendrinos maintains an Outperform rating on GE Vernova (NYSE:GEV) and raises the price target from $192 to $246.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 2:21 pm

Top Wall Street analysts have updated their price targets and ratings for several companies. Notably, GE Vernova Inc. (NYSE:GEV) received a significant price target increase from B of A Securities, boosting it from $200 to $300 and upgrading the stock to Buy. Other companies like Immunocore Holdings, Doximity, Adecoagro, Airbnb, Insulet, BioMarin Pharmaceutical, Topgolf Callaway Brands, Jabil, and Alcoa also saw changes in their price targets and ratings.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 1:00 pm

Ge Vernova shares surged following an upgrade by B of A Securities, which raised the stock's rating from Neutral to Buy and increased the price target from $200 to $300.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 12:19 pm

B of A Securities has upgraded GE Vernova (NYSE:GEV) from Neutral to Buy, raising the price target from $200 to $300.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 11:20 am

GE Vernova shares rise as Barclays initiates coverage with an Overweight rating and a $250 price target.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 6:00 pm

GE Vernova has been selected to provide an integrated Battery Energy Storage System (BESS) for the second stage of Quinbrook's Supernode project in Queensland, Australia. This project aims to efficiently store wind and solar energy, making it one of the largest BESS installations in Australia.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 5:52 pm

Barclays has initiated coverage on GE Vernova with an Overweight rating and set a price target of $250.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:18 pm

JP Morgan analyst Mark Strouse maintains an Overweight rating on GE Vernova and raises the price target from $216 to $240.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 3:42 pm

GE Vernova shares rise as BMO Capital initiates coverage with an Outperform rating and a $245 price target. Morgan Stanley also raises its price target from $220 to $256.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:19 pm

Top Wall Street analysts initiated coverage on several companies, including GE Vernova, Arm Holdings, Nature's Sunshine Products, NuScale Power, and Public Service Enterprise Group. GE Vernova and Nature's Sunshine saw share price increases, while Arm Holdings and NuScale Power experienced declines.

Portfolio Pulse from Avi Kapoor

September 13, 2024 | 1:05 pm

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