HSBC Upgrades GE Vernova to Buy, Citing Power Equipment Demand
HSBC analyst Sean McLoughlin upgraded GE Vernova to Buy from Hold, citing higher pricing and profit margins tied to strong demand for power-generating equipment.
By Al RootAfter a chaotic week, Wall Street can't get its story straight on power generation equipment for AI.HSBC analyst Sean McLoughlin on Friday upgraded shares of GE Vernova to Buy from Hold, citing higher pricing and profit margins from strong demand for power-generating equipment. His price…