GE Vernova price target raised to $485 from $415 at BofA

BofA raised the firm’s price target on GE Vernova (GEV) to $485 from $415 and keeps a Buy rating on the shares following Q4 results that the firm said “were solid and mostly matched consensus.” The firm’s higher multiple reflects continued orders strength and is a premium to the peer average, reflecting the faster earnings trajectory, the analyst tells investors.