GE Vernova Stock Slides After Analyst Downgrade Despite Strong Q1 Results
GE Vernova (GEV) stock fell 4.4% following a downgrade by analyst Moses Sutton, despite strong Q1 results that included a 71% surge in orders. The stock had risen over 180% in the past year, and the downgrade has prompted some investors to take profits. The analyst raised his price target but changed his rating to 'hold' from 'buy'.
Tickers: $GEV
Topics: analyst downgrade earnings report GE Vernova price targets stock performance