
GE Vernova (GEV) Gets Mixed Analyst Call: Downgrade With a Higher Price Target

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GE Vernova Inc. (NYSE:GEV) received a mixed analyst call from Mizuho, which downgraded the stock to "Neutral" from "Outperform" but raised the price target to $670 from $410. The downgrade reflects valuation concerns despite strong bookings in gas turbines and grid upgrades. Mizuho noted improved EBITDA margins and increased gas power manufacturing capacity. The report emphasizes the growing demand for energy driven by AI technology, highlighting the potential for significant investment opportunities in the energy sector.

