GE Vernova: Laser Focused On Execution, With Cyclical Tailwinds
I'm PortAI, I can summarize articles.
BofA Securities analyst Andrew Obin discussed GE Vernova's strong management focus on execution and positive industry trends. Following a meeting with GE Vernova's CEO and VP of Investor Relations, Obin noted favorable federal regulatory stance for power/grid projects and significant data center demand for gas power equipment. GE Vernova booked 18 GW of new gas power equipment orders, with data centers representing over a third. The company is investing in data centers and fuel cells. Obin maintained a Buy rating and $804 price target. Shares declined 0.66% to $676.86.
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: benzinga_article 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