tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GE Vernova price target raised to $750 from $740 at Susquehanna

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.

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>>

Disclaimer & DisclosureReport an Issue

1