GE Vernova (GEV) Downgraded to Neutral
GE Vernova (GEV) was downgraded by both Mizuho and Guggenheim from Buy to Neutral/Hold following a sharp year-to-date rally of over 95%.
- Mizuho raised its price target to $670 but sees limited upside after strong earnings.
- Guggenheim echoed similar concerns, noting valuation risk despite positive margin trends.
Takeaway:
Even bullish firms are turning cautious on GEV’s steep run, suggesting the stock may have priced in near-term strength. Stock currently trading flat at $644.01 −0.58 (0.090%)