Argus Raises Price Target for GE Vernova (GEV) Amid Electrification and Decarbonization Trends
Argus upgraded its price target for GE Vernova (GEV) to $1,300 from $800, citing the company's strong position in electrification and decarbonization trends. The firm also noted that GE Vernova's installed base generates 30% of the world's electricity and that its recent performance shows signs of improvement. Goldman Sachs also raised its price target for GEV to $1,328.
Tickers: $GEV
Topics: analyst upgrade decarbonization energy transition GE Vernova stock analysis