GE Vernova (NYSE:GEV) Research Coverage Started at Evercore ISI

Evercore ISI assumed coverage on shares of GE Vernova (NYSE:GEV) in a research note issued to investors on Thursday, Marketbeat.com reports. The brokerage issued an outperform rating and a $174.00 target price on the stock.

Several other research analysts have also recently issued reports on GEV. BNP Paribas assumed coverage on GE Vernova in a report on Wednesday. They issued an outperform rating and a $177.00 price target on the stock. Raymond James assumed coverage on shares of GE Vernova in a research note on Wednesday. They set an outperform rating and a $160.00 target price on the stock. Royal Bank of Canada reissued an outperform rating and set a $160.00 target price on shares of GE Vernova in a research note on Friday, April 12th. JPMorgan Chase & Co. raised shares of GE Vernova from a neutral rating to an overweight rating and set a $141.00 target price on the stock in a research note on Monday, April 8th. Finally, The Goldman Sachs Group started coverage on shares of GE Vernova in a report on Tuesday, April 16th. They set a buy rating and a $154.00 price target on the stock. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of Buy and a consensus price target of $160.00.

GE Vernova Trading Down 1.5 %

NYSE GEV opened at $135.10 on Thursday. GE Vernova has a 1 year low of $115.00 and a 1 year high of $152.48.

Institutional Investors Weigh In On GE Vernova

An institutional investor recently bought a new position in GE Vernova stock. Anderson Hoagland & Co. acquired a new position in GE Vernova Inc. (NYSE:GEV) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,428 shares of the company’s stock, valued at approximately $1,720,000.

GE Vernova Company Profile

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.