RBC Capital keeps an Outperform rating and $453 price target on GE Vernova (GEV) after yesterday’s 22% stock price decline. The firm does not believe that the sell off was overdone given the limited information investors have regarding the energy demand needs for AI models after yesterday’s DeepSeek news, the analyst tells investors in a research note. RBC adds however that it is still important to recognize that GE Vernova still benefits from a positive self-help story and positive electric infrastructure demand dynamics that should continue to support margin expansion.
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