Jefferies Lowers Price Target for GE Vernova (GEV) Amid Market Concerns
On June 11, Jefferies analyst Julien Dumoulin-Smith reduced the price target on GE Vernova Inc. (NYSE:GEV) from $1,350 to $1,210 while maintaining a 'Buy' rating. The firm cited exaggerated concerns over behind-the-meter power solutions and expects Q2 order trends and Q3 outlook commentary to address these worries.
Tickers: $GEV