BUZZ-Mizuho hikes GE Vernova PT on gas equipment segment strength

Reuters

02/03

BUZZ-Mizuho hikes <a href="https://laohu8.com/S/GEV">GE Vernova</a> PT on gas equipment segment strength

** 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%

(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))

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