JPMorgan analyst Mark Strouse added GE Vernova (GEV) to the firm’s Analyst Focus List as a growth pick, saying the recent pullback in shares of GE Vernova brings a “compelling entry point.” The company’s demand and pricing remain solid, the analyst tells investors in a research note. The firm calls GE Vernova a top pick and keeps an Overweight rating on the shares with a $436 price target
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GEV:
- GE Vernova (GEV) Stock Jumps on News of AI Data Center Deal
- NRG, GE Vernova and TIC in announce GenAI electric generation JV
- NRG Energy, GE Vernova and Kiewit accelerating new generation capacity
- GE Vernova initiated with an Outperform at CICC
- Nuclear Energy Stocks Face an Uncertain Future as Uranium Demand Outpaces Supply