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Goldman Sachs Thinks GE Vernova Is Uniquely Positioned To Electrify And Decarbonize Future

Goldman Sachs analyst Joe Ritchie kicks off coverage on GE Vernova with a Buy rating, projecting a target price of $154. Highlighting GEV's significant global electricity contribution and advanced grid technologies, Ritchie anticipates double-digit profitability for the Power business by 2024.

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