Investors boost stakes in GE Vernova, despite rising short interest, with analysts rating it a "Moderate Buy."

Institutional investors like HighVista Strategies and FMR LLC have increased their stakes in GE Vernova Inc., an energy company with segments in Power, Wind, and Electrification. Despite a reduction in holdings by the Healthcare of Ontario Pension Plan Trust Fund, the stock has attracted positive analyst ratings and increased price targets, with a consensus "Moderate Buy" rating and a target price of $274.16. Short interest in the company also grew by 11.1% in November.

December 02, 2024
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