BofA analyst Andrew Obin upgraded GE Vernova to Buy from Neutral with a price target of $300, up from $200. Rising grid-related spending is a well-known tailwind for the Electrification segment, notes the firm, which also thinks the Gas Power Services story is “less appreciated by investors.” BofA raised its 2025/2026 estimates, largely on the back of faster earnings growth from Gas Power Services.
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