GE Vernova (NYSE:GEV) Price Target Raised to $164.00 at Mizuho

GE Vernova (NYSE:GEV) had its price objective boosted by Mizuho from $154.00 to $164.00 in a research note released on Wednesday, Benzinga reports. Mizuho currently has a buy rating on the stock.

Several other research firms have also weighed in on GEV. JPMorgan Chase & Co. raised GE Vernova from a neutral rating to an overweight rating and set a $141.00 price target on the stock in a research report on Monday, April 8th. The Goldman Sachs Group started coverage on shares of GE Vernova in a research report on Tuesday, April 16th. They issued a buy rating and a $154.00 price target for the company. BNP Paribas began coverage on shares of GE Vernova in a research report on Wednesday, April 17th. They set an outperform rating and a $177.00 price objective on the stock. Evercore ISI started coverage on shares of GE Vernova in a research report on Thursday, April 18th. They issued an outperform rating and a $174.00 target price for the company. Finally, Bank of America started coverage on shares of GE Vernova in a report on Wednesday, April 24th. They set a neutral rating and a $150.00 price target on the stock. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of Moderate Buy and a consensus price target of $158.56.

GE Vernova Price Performance

GEV stock opened at $151.67 on Wednesday. GE Vernova has a one year low of $115.00 and a one year high of $163.10.

GE Vernova (NYSE:GEV) last issued its quarterly earnings results on Thursday, April 25th. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.17). The company had revenue of $7.26 billion for the quarter, compared to analyst estimates of $7.56 billion. Research analysts forecast that GE Vernova will post 2.98 EPS for the current fiscal year.

Institutional Trading of GE Vernova

Large investors have recently made changes to their positions in the stock. Anderson Hoagland & Co. acquired a new stake in GE Vernova in the 1st quarter worth approximately $1,720,000. Maryland State Retirement & Pension System acquired a new stake in shares of GE Vernova in the first quarter worth $2,892,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in shares of GE Vernova during the 1st quarter worth $478,000. Finally, Valeo Financial Advisors LLC acquired a new position in GE Vernova in the 1st quarter valued at $673,000.

GE Vernova Company Profile

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.