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GE Vernova Inc. (GEV) Receives a Buy from Argus Research

Tipranks - Tipranks - Wed Nov 4, 8:07AM CST

Argus Research analyst John Eade maintained a Buy rating on GE Vernova Inc. yesterday and set a price target of $1,100.00. The company’s shares closed yesterday at $862.25.

According to TipRanks, Eade is a 5-star analyst with an average return of 14.8% and a 66.06% success rate. Eade covers the Industrials sector, focusing on stocks such as GE Vernova Inc., Boeing, and Cintas.

In addition to Argus Research, GE Vernova Inc. also received a Buy from Guggenheim’s Joseph Osha in a report issued yesterday. However, on October 30, Mizuho Securities maintained a Hold rating on GE Vernova Inc. (NYSE: GEV).

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Based on GE Vernova Inc.’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $12.64 billion and a net profit of $1.29 billion. In comparison, last year the company earned a revenue of $9.97 billion and had a net profit of $452 million

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