GE Vernova (NYSE:GEV) Coverage Initiated by Analysts at Evercore ISI

Evercore ISI assumed coverage on shares of GE Vernova (NYSE:GEV - Free Report) in a research report report published on Thursday morning, Marketbeat.com reports. The brokerage issued an outperform rating and a $174.00 target price on the stock.

Other research analysts also recently issued reports about the company. JPMorgan Chase & Co. raised GE Vernova from a neutral rating to an overweight rating and set a $141.00 price target for the company in a report on Monday, April 8th. BNP Paribas began coverage on GE Vernova in a report on Wednesday. They issued an outperform rating and a $177.00 price target for the company. Mizuho began coverage on GE Vernova in a report on Monday. They issued a buy rating and a $154.00 price target for the company. Raymond James began coverage on GE Vernova in a report on Wednesday. They issued an outperform rating and a $160.00 price target for the company. Finally, Royal Bank of Canada reissued an outperform rating and issued a $160.00 price target on shares of GE Vernova in a report on Friday, April 12th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of Buy and a consensus target price of $160.00.

GE Vernova Stock Up 1.8 %

Shares of GE Vernova stock traded up $2.47 on Thursday, reaching $137.22. 4,796,553 shares of the stock were exchanged, compared to its average volume of 8,014,792. GE Vernova has a twelve month low of $115.00 and a twelve month high of $152.48.

Institutional Trading of GE Vernova

A hedge fund recently bought a new stake in GE Vernova stock. Anderson Hoagland & Co. purchased a new position in shares of GE Vernova Inc. (NYSE:GEV - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 12,428 shares of the company's stock, valued at approximately $1,720,000.

About GE Vernova

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.