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Melius Bullish on GE Vernova (GEV), Sees Strong Upside as AI Boosts Energy Needs

GE Vernova Inc. (NYSE:GEV) is one of the AI Stocks You Should Not Ignore. On September 15, Melius analyst Rob Wertheimer upgraded the stock to “Buy” from Neutral with a $740 price target. The research firm sees upside to estimates. In an investor note, the analyst mentioned that the stock is up 5x from the spin, and there’s a lot significant potential for sell-side estimates to be revised upward moving towards 2027 and beyond underpinned by a durable expansion in power demand. “What makes GE Vernova outp ...