The Goldman Sachs Group assumed coverage on shares of GE Vernova (NYSE:GEV - Free Report) in a research report sent to investors on Tuesday morning, Marketbeat reports. The firm issued a buy rating and a $154.00 price target on the stock.
Several other research analysts have also recently commented on the company. Royal Bank of Canada reissued an outperform rating and set a $160.00 target price on shares of GE Vernova in a research note on Friday. Mizuho initiated coverage on GE Vernova in a research report on Monday. They set a buy rating and a $154.00 price objective for the company. Finally, JPMorgan Chase & Co. raised GE Vernova from a neutral rating to an overweight rating and set a $141.00 price objective for the company in a research report on Monday, April 8th.
Check Out Our Latest Report on GE Vernova
GE Vernova Stock Down 1.3 %
Shares of NYSE GEV traded down $1.71 during trading on Tuesday, reaching $130.04. The stock had a trading volume of 5,869,572 shares, compared to its average volume of 8,388,061. GE Vernova has a fifty-two week low of $115.00 and a fifty-two week high of $152.48.
Institutional Investors Weigh In On GE Vernova
A hedge fund recently bought a new stake in GE Vernova stock. Anderson Hoagland & Co. purchased a new position in GE Vernova (NYSE:GEV - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,428 shares of the company's stock, valued at approximately $1,720,000.
About GE Vernova
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GE Vernova is an energy company which includes Power, Wind and Electrification segments and is supported by its accelerator businesses of Advanced Research, Consulting Services and Financial Services. GE Vernova is headquartered in Cambridge, Massachusetts.
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