Susquehanna raised the firm’s price target on GE Vernova (GEV) to $750 from $740 and keeps a Positive rating on the shares. The firm updated its model following solid Q3 results with a beat on revenue as underlying electrification growth remains robust, with GEV taking up 2025 revenue expectations to +25% y/y, driven by better than expected output from its capacity expansion and strong demand for grid upgrades.
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Read More on GEV:
- GE Vernova price target lowered to $658 from $670 at Citi
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