BUZZ-GE Vernova rises after Jefferies upgrades to 'buy' on power infrastructure demand
I'm PortAI, I can summarize articles.
Jefferies upgraded GE Vernovato 'buy' from 'hold', raising the price target to $815 from $736, citing strong demand for power infrastructure. Shares rose 5.2% to $645.99 premarket. Jefferies noted positive gas turbine pricing and long-term service visibility. 26 out of 35 brokerages rate the stock 'buy' or higher. Shares are up 86.7% YTD.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments