GE Vernova to supply turbines by 2026
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GE Vernova (NYSE:GEV) closed +4.8% on Wednesday following news it will supply seven wind turbines producing nearly 4.5 GW of power in turning Homer City Generating Station in Pennsylvania from a coal-...
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The project aims to address the nation’s growing energy shortage – a crisis that will only intensify as demand surges in the global race for dominance in AI and high-performance computing, or HPC, te...
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Gas power is experiencing a stunning resurgence, driven by soaring electricity demand. As utilities scramble to secure new capacity, a turbine supply crunch is unfolding.
Susquehanna initiated coverage of GE Vernova with a "Positive" rating and a $370 price target, citing strong demand for the company’s gas turbines and electrification technologies amid rising global power needs.
The 4.5 GW plant proposed at the old Homer City Generating Station site would be the largest gas plant in the U.S.
As previously reported, Susquehanna analyst Charles Minervino initiated coverage of GE Vernova (GEV) with a Positive rating and $370 price
GE Vernova’s Saudi engineers and specialists lead the first gas turbine outage at SEC's 8th power plant in Riyadh
Currently trading with a volume of 926,057, the GEV's price is down by -2.58%, now at $307.5. RSI readings suggest the stock is currently may be approaching overbought. Anticipated earnings release is in 21 days. Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $402.0.