Goldman Sachs analyst Joe Ritchie raised GE Vernova’s price target to $840 from $735, citing the Power market’s potential and a major upward revision to its 2028 targets. This includes $52B in revenue, a 20% adjusted EBITDA margin, and at least $22B of cumulative free cash flow from 2025-2028. The analyst maintains a Buy rating on the shares. The news was first reported on TheFly, known for real-time financial news updates. To see today’s top-performing stocks, visit TipRanks. For more information on GEV, check out TipRanks’ Disclaimer & Disclosure page.

Read more at Yahoo Finance: GE Vernova price target raised to $840 from $735 at Goldman Sachs