Live Updates > Live Update Details
2025-12-19 04:48:31
Jefferies upgraded GE Vernova (GEV) to "Buy," citing greater optimism about its power business (gas pricing and service visibility) and electrification prospects, despite the stock price decline since analyst day on December 9. Jefferies also raised its price target from $736 to $815, noting that gas turbine pricing continues to deliver positive surprises and the service business provides clear visibility into the mid-to-late 2030s, ultimately offsetting weakness in the gas equipment business.
