Recently, several noteworthy developments have occurred in GE Vernova. Significant investment has been made by Swedbank AB ($6.22 million), Sequoia Financial Advisors LLC ($2.72 million), and SG Americas Securities LLC ($6.26 million). Other firms, like Miracle Mile Advisors LLC, Park National Corp OH, and Hexagon Capital Partners LLC, have also purchased shares. GE Vernova's share price has hit a new 12-month high twice, reaching $186.50. Agency ratings indicate confidence in the firm, with Neutral initiation at Citi, a Buy Ratings at HSBC and Morgan Stanley, and a raise to Strong-Buy at Hsbc Global Res. GE Vernova's operational activities also show promise. There's been a global push for electrification, resumption of offshore wind farm Vineyard Wind's work, and approval of a spin-off with GE Aerospace set for launch in 2024. Despite a broader dip in the overall market, GE Vernova's loss post spin-off was higher than the general market. There seems to be some issues with a broken wind turbine, but the overall sentiment remains positive.
Ge Vernova GEV News Analytics from Mon, 15 Jan 2024 14:45:27 GMT to Sun, 18 Aug 2024 16:20:02 GMT - Rating 8 - Innovation 6 - Information 9 - Rumor -2
