William Blair starts GE Vernova with Outperform on natural gas shift

William Blair analyst Jed Dorsheimer initiated coverage of GE Vernova with an Outperform rating. The company is the largest beneficiary of the shift back to natural gas, the analyst tells investors in a research note. Natural gas is the pragmatic approach to increasing generation while managing the pressures of climate change, and GE Vernova is best positioned to benefit as the energy sector reverts back to pragmatism and quietly walks back from the 100% green idealism, the analyst tells investors in a research note.