Mizuho analyst Maheep Mandloi raised the firm’s price target on GE Vernova to $208 from $186 and keeps an Outperform rating on the shares post the Q2 report. The analyst cites higher margins in gas and electrification, and higher revenue growth for electrification for the target increase. The shares have been under pressure after the print likely due to potential wind liabilities, but Mizuho sees a limited impact, as well as no datacenter orders being called out yet, but the firm was not expecting any, the analyst tells investors in a research note.
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