GLJ Starts GE Vernova at Sell With EBITDA 22% Below Consensus
GE Vernova Inc. NYSE:GEV was initiated by GLJ Research with a Sell rating and a $470 price target, the lowest target on Wall Street. GE Vernova shares were down 7.03% intraday.The argument is about when the orders were taken. Gordon Johnson III notes that turbines scheduled for 2027 delivery were o…