Baird Reiterates Outperform Rating on GE Vernova (GEV)

Baird analyst Ben Kallo reiterated an Outperform rating and $706.00 price target on GE Vernova (NYSE: GEV).

The analyst comments "Aeroderivative Turbines. We continue our note series examining GEV's array of products with aeroderivative turbines (see our maiden product spotlight note on heavy-duty turbines here). This product line has recently attracted attention as it relates to potentially supplementing GEV's heavy-duty turbine production capacity in the Gas business. Aeros leverage GE's (not covered) supply chain and are a smaller product for GEV (physically and in context of Gas business) but have unique applications for data centers/AI. Similar to heavy-duty turbines, we see pricing power for GEV with aeros."

For an analyst ratings summary and ratings history on GE Vernova click here. For more ratings news on GE Vernova click here.

Shares of GE Vernova closed at $628.68 yesterday.

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