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GE Vernova Trading Volume Ranks 61st Amid Downgrade and Share Price Decline
Generated by AI AgentAinvest Volume Radar
Friday, Jun 13, 2025 8:01 pm ET1min read
On June 13, 2025,
(GEV) experienced a trading volume of 11.64 billion, ranking 61st in the day's stock market activity. The stock closed with a 1.89% decline.Wolfe Research has downgraded GE Vernova from "Outperform" to "Peer Perform" due to valuation concerns. The firm's analyst, Nigel
, removed the previous price target of $496, indicating a shift in the firm's outlook on the stock's potential for growth.This downgrade comes after a period of significant share price appreciation for GE Vernova, suggesting that the firm believes the stock may be overvalued at current levels. The absence of a new price target further underscores the uncertainty surrounding the stock's future performance.
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