GE Vernova started at Buy at UBS, as earnings seen lifted by AI-driven power demand

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Energy

Aerial view of windmills in summer forest in Finland. Wind turbines for electric power with clean and Renewable Energy

GE Vernova (NYSE:GEV) +2.1% in Monday's trading as UBS initiated coverage with a Buy rating and $614 price target, saying the wind turbine maker is positioned to benefit from a structural upcycle in power generation sparked by surging electricity demand

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GE Vernova started at Buy at UBS, as earnings seen lifted by AI-driven power demand

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