Mizuho hikes GE Vernova PT on gas equipment segment strength
ReutersFeb 3, 2026 1:06 PM
Brokerage Mizuho Securities raises PT on power equipment maker GE Vernova GEV.N to $714 from $660
New PT represents a downside of 5.4% to stock's last close
Brokerage says PT hike factors in growth from gas-turbine expansion, stronger service performance and updated valuations
Expects strength in gas equipment and services driven by AI‑related demand, along with disciplined growth in wind and margin gains in the fast‑growing electrification business
29 of 37 analysts rate the stock "buy" or higher, 7 "hold" and 1 " sell"; median PT is $817 - LSEG data
In 2025, GEV rose 92.8%
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