Wells Fargo raised the firm’s price target on GE Vernova (GEV) to $411 from $385 and keeps an Overweight rating on the shares. GE Vernova’s investor update highlighted rising power demand, the analyst tells investors in a research note.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GEV:
- GE Vernova Declares First Dividend after Stock Rallies More than 150%
- Early notable gainers among liquid option names on December 11th
- Reddit initiated, GE Vernova downgraded: Wall Street’s top analyst calls
- GE Vernova price target raised to $390 from $385 at Evercore ISI
- GE Vernova price target lowered to $380 from $400 at Guggenheim