Mizuho lowered the firm’s price target on GE Vernova (GEV) to $660 from $677 and keeps a Neutral rating on the shares. The firm cites lower valuation multiples for wind and nuclear for the target cut following the earnings report.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GEV:
- GE Vernova price target raised to $717 from $697 at Wells Fargo
- GE Vernova’s Earnings Call: Optimism Amid Challenges
- GE Vernova price target raised to $630 from $605 at RBC Capital
- GE Vernova price target lowered to $680 from $685 at TD Cowen
- GE Vernova price target raised to $710 from $690 at BMO Capital
