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Winthrop and West Branch boosted GE Vernova stakes as earnings beat estimates and 2025 outlook was raised.
Winthrop Advisory Group and West Branch Capital LLC increased their stakes in GE Vernova Inc. during the second quarter, with the company reporting strong earnings and raising its 2025 guidance.
GE Vernova, which operates in power, wind, and electrification, posted $1.86 EPS, beating estimates by $0.23, and saw revenue rise 11.1% year-over-year.
Analysts have a "Moderate Buy" consensus, with a $598.50 target price.
Melius Research sees potential for upside due to strong positioning in renewables, operational improvements, and growing demand for clean energy, despite market volatility and supply chain challenges.
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Winthrop y West Branch aumentaron las apuestas de GE Vernova a medida que las ganancias superaron las estimaciones y se elevaron las perspectivas para 2025.