GE Vernova price target raised to $374 from $367 at JPMorgan

JPMorgan raised the firm’s price target on GE Vernova (GEV) to $374 from $367 and keeps an Overweight rating on the shares. The firm cites higher trading multiples of peers for the target increase. It expects GE Vernova’s Q4 results to be above the midpoint of the company’s guidance range, owing to continued operational progress expanding margins across each of its three segments.