GE Vernova (NYSE:GEV) Now Covered by Analysts at Mizuho

Mizuho began coverage on shares of GE Vernova (NYSE:GEV) in a research note issued to investors on Monday, Marketbeat.com reports. The brokerage issued a buy rating and a $154.00 price objective on the stock.

Other equities analysts have also issued research reports about the company. JPMorgan Chase & Co. raised GE Vernova from a neutral rating to an overweight rating and set a $141.00 target price for the company in a research report on Monday, April 8th. Royal Bank of Canada reissued an outperform rating and issued a $160.00 target price on shares of GE Vernova in a research report on Friday, April 12th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of Buy and a consensus target price of $157.67.

GE Vernova Stock Up 3.6 %

Shares of NYSE:GEV opened at $134.70 on Monday. 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

An institutional investor recently bought a new position in GE Vernova stock. Anderson Hoagland & Co. purchased a new stake in shares of GE Vernova Inc. (NYSE:GEV) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 12,428 shares of the company’s stock, valued at approximately $1,720,000.

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.