BofA raised the firm’s price target on GE Vernova (GEV) to $320 from $300 and keeps a Buy rating on the shares. Following Q3 results, the firm applies a higher multiple to its 2026 adjusted EBITDA estimate to reflect peers’ re-rating higher and the company’s faster earnings trajectory, the analyst tells investors in a post-earnings note.
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Read More on GEV:
- GE Vernova price target raised to $330 from $285 at JPMorgan
- GE Vernova price target raised to $320 from $300 at Barclays
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