GE Vernova (NYSE:GEV) Coverage Initiated by Analysts at Evercore ISI

Stock analysts at Evercore ISI assumed coverage on shares of GE Vernova (NYSE:GEV) in a research note issued on Thursday, Marketbeat reports. The brokerage set an “outperform” rating and a $174.00 price target on the stock. Evercore ISI’s price objective indicates a potential upside of 29.18% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $160.00 price target on shares of GE Vernova in a research report on Friday, April 12th. The Goldman Sachs Group started coverage on shares of GE Vernova in a report on Tuesday. They issued a “buy” rating and a $154.00 target price on the stock. Raymond James initiated coverage on shares of GE Vernova in a report on Wednesday. They set an “outperform” rating and a $160.00 price target for the company. BNP Paribas began coverage on shares of GE Vernova in a research report on Wednesday. They set an “outperform” rating and a $177.00 price objective for the company. Finally, JPMorgan Chase & Co. raised GE Vernova from a “neutral” rating to an “overweight” rating and set a $141.00 target price on the stock in a report on Monday, April 8th. Seven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, GE Vernova currently has an average rating of “Buy” and a consensus target price of $160.00.

GE Vernova Trading Up 3.6 %

NYSE:GEV opened at $134.70 on Thursday. GE Vernova has a 52 week low of $115.00 and a 52 week high of $152.48.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GE Vernova stock. Anderson Hoagland & Co. purchased a new stake in GE Vernova Inc. (NYSE:GEV) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 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.