Baird Upgrades GE Vernova (GEV) to Outperform Citing Early-Stage Energy Infrastructure Cycle

GE Vernova Inc. (NYSE:GEV) is one of the best IPO stocks to buy right now. On February 4, Baird analyst Ben Kallo upgraded GE Vernova to Outperform from Neutral and significantly raised the price target to $923 from $701. The firm asserted that the current energy infrastructure cycle is in its early stages, which positions GE Vernova as a primary beneficiary. Based on recent channel checks, Kallo suggested that previous concerns regarding overcapacity are unlikely to manifest in the near or intermediate ...