In the meantime, Daiwa Securities upgraded its GE Vernova Inc [GEV] rating to a Buy from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. HSBC Securities also remained covering GEV and has decreased its forecast on October 04, 2024 with a “Hold” recommendation from previously “Buy” rating. Raymond James revised its rating on October 02, 2024. It rated GEV as “a Mkt perform” which previously was an “an Outperform”.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance Review of GEV
On Tuesday, GE Vernova Inc [NYSE:GEV] saw its stock jump 6.87% to $315.77. Over the last five days, the stock has gained 5.69%. GE Vernova Inc shares have risen nearly 140.59% since the year began.
Levels Of Support And Resistance For GEV Stock
The 24-hour chart illustrates a support level at 301.61, which if violated will result in even more drops to 287.45. On the upside, there is a resistance level at 323.19. A further resistance level may holdings at 330.61. The Relative Strength Index (RSI) on the 14-day chart is 77.19, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 13.57, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.42%. Stochastics %K at 80.50% indicates the stock is a selling.
How much short interest is there in GE Vernova Inc?
A steep rise in short interest was recorded in GE Vernova Inc stocks on 2024-10-15, dropping by -0.35 million shares to a total of 4.88 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 5.22 million shares. There was a decline of -7.08%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 26, 2024 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $300 price target.
