GE Vernova (NYSE:GEV) named one of the 11 Best Nuclear Energy Stocks to Invest in Right Now. Melius Research upgraded GE Vernova from ‘Hold’ to ‘Buy’ with a $740 price target. The company’s share price has risen 400% since its spinoff, returning 177.84% in the last year.

GE Vernova Inc. (NYSE:GEV) recently sold its Proficy manufacturing software division to TPG for $600 million and plans to lay off 600 employees in Europe. The multinational energy company operates in various regions and is a diversified player in nuclear energy stocks.

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Read more at Yahoo Finance: Melius Research Upgrades GE Vernova Inc. (GEV) from ‘Hold’ to ‘Buy’ With a Price Target of $740