Research Analysts’ Recent Ratings Updates for GE Vernova (GEV)

GE Vernova (NYSE: GEV) recently received a number of ratings updates from brokerages and research firms:

• 10/24/2024 – GE Vernova had its price target raised by analysts at Morgan Stanley from $256.00 to $301.00. They now have an “overweight” rating on the stock.
• 10/24/2024 – GE Vernova had its price target raised by analysts at JPMorgan Chase & Co. from $285.00 to $330.00. They now have an “overweight” rating on the stock.
• 10/24/2024 – GE Vernova had its price target raised by analysts at Barclays PLC from $300.00 to $320.00. They now have an “overweight” rating on the stock.
• 10/24/2024 – GE Vernova had its price target raised by analysts at Royal Bank of Canada from $262.00 to $285.00. They now have an “outperform” rating on the stock.
• 10/24/2024 – GE Vernova had its price target raised by analysts at Evercore ISI from $300.00 to $323.00. They now have an “outperform” rating on the stock.
• 10/24/2024 – GE Vernova had its price target raised by analysts at Truist Financial Co. from $300.00 to $325.00. They now have a “buy” rating on the stock.
• 10/24/2024 – GE Vernova had its price target raised by analysts at Bank of America Co. from $300.00 to $320.00. They now have a “buy” rating on the stock.
• 10/21/2024 – GE Vernova is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a “buy” rating and a $354.00 price target on the stock.
• 10/18/2024 – GE Vernova had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $262.00 price target on the stock.
• 10/18/2024 – GE Vernova had its price target raised by analysts at Jefferies Financial Group Inc. from $293.00 to $336.00. They now have a “buy” rating on the stock.
• 10/14/2024 – GE Vernova had its price target raised by analysts at BMO Capital Markets from $245.00 to $288.00. They now have an “outperform” rating on the stock.
• 10/10/2024 – GE Vernova had its price target raised by analysts at The Goldman Sachs Group, Inc. from $220.00 to $308.00. They now have a “buy” rating on the stock.
• 10/9/2024 – GE Vernova had its price target raised by analysts at JPMorgan Chase & Co. from $240.00 to $285.00. They now have an “overweight” rating on the stock.
• 10/4/2024 – GE Vernova was downgraded by analysts at Hsbc Global Res from a “strong-buy” rating to a “hold” rating.
• 10/4/2024 – GE Vernova had its “hold” rating reaffirmed by analysts at HSBC Holdings plc. They now have a $255.00 price target on the stock, up previously from $240.00.
• 10/3/2024 – GE Vernova had its price target raised by analysts at Evercore ISI from $285.00 to $300.00. They now have an “outperform” rating on the stock.
• 10/2/2024 – GE Vernova had its price target raised by analysts at Barclays PLC from $250.00 to $300.00. They now have an “overweight” rating on the stock.
• 10/2/2024 – GE Vernova was downgraded by analysts at Raymond James from an “outperform” rating to a “market perform” rating.
• 9/26/2024 – GE Vernova is now covered by analysts at Oppenheimer Holdings Inc.. They set a “market perform” rating on the stock.
• 9/26/2024 – GE Vernova is now covered by analysts at Truist Financial Co.. They set a “buy” rating and a $300.00 price target on the stock.
• 9/24/2024 – GE Vernova is now covered by analysts at Guggenheim. They set a “buy” rating and a $300.00 price target on the stock.
• 9/20/2024 – GE Vernova had its price target raised by analysts at Jefferies Financial Group Inc. from $261.00 to $293.00. They now have a “buy” rating on the stock.
• 9/17/2024 – GE Vernova had its price target raised by analysts at Royal Bank of Canada from $192.00 to $246.00. They now have an “outperform” rating on the stock.
• 9/17/2024 – GE Vernova was upgraded by analysts at Bank of America Co. from a “neutral” rating to a “buy” rating. They now have a $300.00 price target on the stock, up previously from $200.00.
• 9/16/2024 – GE Vernova is now covered by analysts at Barclays PLC. They set an “overweight” rating and a $250.00 price target on the stock.
• 9/13/2024 – GE Vernova had its price target raised by analysts at JPMorgan Chase & Co. from $216.00 to $240.00. They now have an “overweight” rating on the stock.
• 9/13/2024 – GE Vernova had its price target raised by analysts at Morgan Stanley from $220.00 to $256.00. They now have an “overweight” rating on the stock.
• 9/13/2024 – GE Vernova is now covered by analysts at BMO Capital Markets. They set an “outperform” rating and a $245.00 price target on the stock.
• 9/12/2024 – GE Vernova had its price target raised by analysts at Evercore ISI from $202.00 to $240.00. They now have an “outperform” rating on the stock.
• 9/4/2024 – GE Vernova is now covered by analysts at Jefferies Financial Group Inc.. They set a “buy” rating and a $261.00 price target on the stock.
• 8/29/2024 – GE Vernova is now covered by analysts at William Blair. They set an “outperform” rating on the stock.

GE Vernova Stock Performance

GEV opened at $293.54 on Monday. GE Vernova Inc. has a 1-year low of $115.00 and a 1-year high of $298.81. The firm has a 50-day moving average price of $235.14 and a two-hundred day moving average price of $190.64.

Institutional Trading of GE Vernova

A number of hedge funds and other institutional investors have recently modified their holdings of GEV. Deseret Mutual Benefit Administrators acquired a new position in GE Vernova during the 2nd quarter valued at about $25,000. Trifecta Capital Advisors LLC acquired a new stake in GE Vernova during the 2nd quarter worth $25,000. Meeder Asset Management Inc. bought a new stake in shares of GE Vernova during the 2nd quarter valued at $25,000. Global Trust Asset Management LLC acquired a new position in shares of GE Vernova in the 2nd quarter valued at $26,000. Finally, Timber Creek Capital Management LLC bought a new position in shares of GE Vernova in the 2nd quarter worth $27,000.

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.