Barclays analyst Julian Mitchell maintained a Buy rating on GE Vernova Inc. (GEV – Research Report) today and set a price target of $300.00. The company’s shares closed yesterday at $256.53.
According to TipRanks, Mitchell is a top 100 analyst with an average return of 17.0% and a 67.74% success rate. Mitchell covers the Industrials sector, focusing on stocks such as Honeywell International, Stanley Black & Decker, and 3M.
In addition to Barclays, GE Vernova Inc. also received a Buy from Morgan Stanley’s Andrew Percoco in a report issued on September 30. However, on September 26, Oppenheimer initiated coverage with a Hold rating on GE Vernova Inc. (NYSE: GEV).
The company has a one-year high of $258.64 and a one-year low of $115.00. Currently, GE Vernova Inc. has an average volume of 2.93M.
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GE Vernova Inc. (GEV) Company Description:
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, orchestrate, convert, and store electricity. We design, manufacture, deliver, and service technologies to create a more reliable and sustainable electric power system, enabling electrification and decarbonization, underpinning the progress and prosperity of the communities we serve. We are a purpose-built company, uniquely positioned with a scope and scale of solutions to accelerate the energy transition, while servicing and growing our installed base and strengthening our own profitability and shareholder returns. We have a strong history of innovation which is a key strength enabling us to meet our customers¿ needs.
