Mizuho Begins Coverage on GE Vernova (NYSE:GEV)

Mizuho initiated coverage on shares of GE Vernova (NYSE:GEV) in a report issued on Monday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $154.00 target price on the stock.

GEV has been the subject of a number of other reports. JPMorgan Chase & Co. raised shares of GE Vernova from a neutral rating to an overweight rating and set a $141.00 price objective for the company in a report on Monday, April 8th. Royal Bank of Canada reaffirmed an outperform rating and set a $160.00 price objective on shares of GE Vernova in a report on Friday.

GE Vernova Price Performance

NYSE:GEV opened at $131.76 on Monday. GE Vernova has a 52 week low of $115.00 and a 52 week high of $152.48.

Institutional Investors Weigh In On GE Vernova

An institutional investor recently bought a new position in GE Vernova stock. Anderson Hoagland & Co. acquired a new stake in GE Vernova (NYSE:GEV) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 12,428 shares of the company’s stock, valued at approximately $1,720,000.

GE Vernova Company Profile

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.