GE Vernova's Q4 Was Not Perfect, But Analyst Bumps Up Price Forecast On Continued Orders Strength

BofA Securities analyst Andrew Obin raised the price target of GE Vernova Inc. GEV to $485 from $415 while reiterating the Buy rating.Yesterday, the company reported revenue growth of 5% year-over-year to $10.559 billion and +9% organically, missing the consensus of $10.78 billion. Earnings per share for the quarter were $1.73, compared to $0.72 a year ago, missing the consensus of $2.55.GE Vernova reaffirmed its 2025 outlook with $36 billion – $37 billion in revenue versus a consensus of $36.88 billion, a ...