GE Vernova (NYSE:GEV) Now Covered by Mizuho

Stock analysts at Mizuho assumed coverage on shares of GE Vernova (NYSE:GEV) in a research report issued to clients and investors on Monday, Marketbeat.com reports. The brokerage set a “buy” rating and a $154.00 price target on the stock. Mizuho’s target price points to a potential upside of 18.43% from the stock’s previous close.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. raised shares of GE Vernova from a “neutral” rating to an “overweight” rating and set a $141.00 price objective on the stock in a report on Monday, April 8th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of GE Vernova in a report on Friday, April 12th.

GE Vernova Stock Performance

GEV stock opened at $130.04 on Monday. GE Vernova has a 12 month low of $115.00 and a 12 month high of $152.48.

Hedge Funds Weigh In On GE Vernova

A hedge fund recently bought a new stake in GE Vernova stock. Anderson Hoagland & Co. bought a new stake in GE Vernova (NYSE:GEV) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 12,428 shares of the company’s stock, valued at approximately $1,720,000.

About GE Vernova

GE Vernova is an energy company which includes Power, Wind and Electrification segments and is supported by its accelerator businesses of Advanced Research, Consulting Services and Financial Services. GE Vernova is headquartered in Cambridge, Massachusetts.