JPMorgan raised the firm’s price target on General Electric to $166 from $134 and keeps a Neutral rating on the shares. The analyst believes Vernova’s turnaround efforts in each of its core segments are impressive, and says the company presents GE investors with a “unique opportunity for a diversified play on the long-term energy transition.” The firm introducing fiscal 2026 estimates and updated its model to incorporate new Vernova segment-level details and the estimated impact from offshore wind project delays.
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