GE Vernova (NYSE:GEV) Now Covered by The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of GE Vernova (NYSE:GEV) in a research report report published on Tuesday, MarketBeat reports. The firm issued a buy rating and a $154.00 price target on the stock.

GEV has been the topic of several other reports. JPMorgan Chase & Co. upgraded shares of GE Vernova from a neutral rating to an overweight rating and set a $141.00 price objective on the stock in a report on Monday, April 8th. Mizuho began coverage on shares of GE Vernova in a research note on Monday, April 15th. They set a buy rating and a $154.00 target price on the stock. Finally, Royal Bank of Canada reaffirmed an outperform rating and set a $160.00 target price on shares of GE Vernova in a research note on Friday, April 12th. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of Buy and a consensus price target of $160.00.

GE Vernova Stock Performance

Shares of GEV stock opened at $135.10 on Tuesday. GE Vernova has a one year low of $115.00 and a one year high of $152.48.

Institutional Investors Weigh In On GE Vernova

An institutional investor recently bought a new position in GE Vernova stock. Anderson Hoagland & Co. acquired a new stake in GE Vernova Inc. (NYSE:GEV) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 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.