Truist analyst Jordan Levy raised the firm’s price target on GE Vernova (GEV) to $420 from $400 and keeps a Buy rating on the shares. The firm believes Q4 will be “a relatively steady quarter financially” and is increasing its gas equipment order forecasts by 16% heading into 2025 as it sees further upside driven by recent slot order commentary during GE Vernova’s investor day.
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