GE Vernova (NYSE:GEV) Price Target Increased to $208.00 by Analysts at Mizuho

GE Vernova (NYSE:GEV) had its price target raised by Mizuho from $186.00 to $208.00 in a report issued on Friday, Benzinga reports. They currently have an outperform rating on the stock.

Other equities analysts have also issued reports about the stock. Raymond James initiated coverage on shares of GE Vernova in a research note on Wednesday, April 17th. They issued an outperform rating and a $160.00 target price for the company. JPMorgan Chase & Co. upped their target price on shares of GE Vernova from $195.00 to $216.00 and gave the stock an overweight rating in a research note on Thursday, July 25th. Daiwa Capital Markets initiated coverage on shares of GE Vernova in a research note on Friday, June 21st. They issued an outperform rating and a $201.50 target price for the company. BNP Paribas initiated coverage on shares of GE Vernova in a research note on Wednesday, April 17th. They issued an outperform rating and a $177.00 target price for the company. Finally, The Goldman Sachs Group upped their target price on shares of GE Vernova from $196.00 to $220.00 and gave the stock a buy rating in a research note on Friday. Five analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, GE Vernova has an average rating of Moderate Buy and a consensus price target of $184.25.

GE Vernova Price Performance

Shares of GEV stock opened at $172.12 on Friday. GE Vernova has a 12-month low of $115.00 and a 12-month high of $185.50. The company has a fifty day moving average price of $171.93.

Institutional Trading of GE Vernova

A number of institutional investors have recently modified their holdings of GEV. Bank of New York Mellon Corp acquired a new stake in shares of GE Vernova in the second quarter valued at about $537,674,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of GE Vernova in the first quarter valued at about $367,474,000. Assenagon Asset Management S.A. acquired a new stake in shares of GE Vernova in the second quarter valued at about $217,569,000. Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of GE Vernova in the second quarter valued at about $104,273,000. Finally, Steadfast Capital Management LP acquired a new stake in shares of GE Vernova in the first quarter valued at about $80,235,000.

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.