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GEV
Benzinga
33 days

Analysts See Big Gains Ahead For GE Vernova, Raising Price Target To $620

1. BofA analyst raised GEV's price target to $620, affirming a Buy rating. 2. Forecast for Q2 2025 shows $11.8 billion in orders, exceeding consensus. 3. Gas Power segment drives growth with significant orders globally. 4. Lower tariff costs from agreements improve GEV's cost structure. 5. Strong YTD performance with shares up 67%, outpacing the S&P 500.

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FAQ

Why Bullish?

The upgrade to a $620 price target indicates positive market sentiment. Historically, similar analyst upgrades lead to stock price increases.

How important is it?

The significant upgrade and positive forecasts suggest considerable market interest. Analysts adjusting ratings can impact stock movements, especially with an upcoming earnings report.

Why Short Term?

Upcoming financial results in July 2025 likely to catalyze immediate trader interest. Strong order forecasts are expected to influence near-term performance significantly.

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