GE Vernova (GEV) stock slides, but Jefferies sees long-term AI power upside
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Jefferies analyst Julien Dumoulin-Smith upgraded GE Vernova Inc. (NYSE:GEV) stock to "Buy" and increased the price target from $736 to $815, citing stronger gas pricing and long-term services margin visibility. Despite a current slide in GEV stock, Jefferies sees a positive long-term outlook due to AI-driven power solutions.
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