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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Wolfe Research Downgrades GE Vernova (GEV) Stock

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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81% Informative

Wolfe Research downgraded GE Vernova Inc. ( NYSE :GEV) to Peer Perform ’ from Outperform without the price target.

Wolfe Research says the company's path to achieve EBITDA between $12 billion and $15 billion by the decade’s end is now priced into the shares.

The company benefited from the increased demand for power, thanks to the growth of artificial intelligence data centers.

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