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

Evercore ISI started coverage on shares of GE Vernova (NYSE:GEV) in a research report sent to investors on Thursday morning, MarketBeat Ratings reports. The brokerage issued an outperform rating and a $174.00 target price on the stock.

A number of other research firms have also recently issued reports on GEV. The Goldman Sachs Group initiated coverage on shares of GE Vernova in a report on Tuesday. They set a buy rating and a $154.00 price target for the company. Mizuho initiated coverage on shares of GE Vernova in a report on Monday. They set a buy rating and a $154.00 price target for the company. BNP Paribas initiated coverage on shares of GE Vernova in a report on Wednesday. They set an outperform rating and a $177.00 price target for the company. JPMorgan Chase & Co. upgraded shares of GE Vernova from a neutral rating to an overweight rating and set a $141.00 price target for the company in a report on Monday, April 8th. Finally, Royal Bank of Canada restated an outperform rating and set a $160.00 price target on shares of GE Vernova in a report on Friday, April 12th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of Buy and a consensus target price of $160.00.

GE Vernova Stock Up 1.8 %

GEV stock opened at $137.22 on Thursday. GE Vernova has a 52-week low of $115.00 and a 52-week high of $152.48.

Institutional Investors Weigh In On GE Vernova

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

About GE Vernova

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.