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

Mizuho initiated coverage on shares of GE Vernova (NYSE:GEV) in a research note released on Monday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $154.00 price objective on the stock.

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

GE Vernova Trading Up 1.8 %

GEV stock opened at $137.22 on Monday. GE Vernova has a one year low of $115.00 and a one year high of $152.48.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GE Vernova stock. Anderson Hoagland & Co. bought a new position in shares of GE Vernova Inc. (NYSE:GEV) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 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.