BUZZ-GE Vernova falls as Seaport Research Partners downgrades rating to "neutral"
Reuters2025-12-11
BUZZ-<a href="https://laohu8.com/S/GEV">GE Vernova</a> falls as Seaport Research Partners downgrades rating to "neutral"
Updates
** Shares of U.S.-utility GE Vernova GEV.N fall 4.7% to $688
** Brokerage Seaport Research Partners downgrades rating to "neutral" from "buy"
** After GEV's rally to $723 on Wednesday, Seaport Research says the stock is now fairly valued with a focus on 2026-28
** Separately, co signs an agreement with Public Power Corporation Renewables to supply, install and commission 14 of its 6.1 megawatt (MW) turbines for a wind farm in Romania
** Co expects the project to provide enough energy to power the equivalent of about 38,000 households
** Including session's move, shares were up 110% YTD
(Reporting by Katha Kalia in Bengaluru)
((katha.kalia@thomsonreuters.com))
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