As previously reported, Susquehanna analyst Charles Minervino initiated coverage of GE Vernova (GEV) with a Positive rating and $370 price target The recent wave of buildout of energy intensive data centers has led to a significant revision upward in future power needs and has prolonged demand for natural gas capacity, notes the analyst, who views GE Vernova – the largest provider of gas turbines globally – as well positioned to capitalize on these growth trends.
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Read More on GEV:
- GE Vernova initiated with a Positive at Susquehanna
- GE Vernova added to US Conviction List at Goldman Sachs
- Promising Growth Prospects for GE Vernova Inc. Amid Market Concerns: A Buy Recommendation
- GE Vernova price target lowered to $440 from $470 at Truist
- GE Vernova price target raised to $413 from $391 at Jefferies