GE Vernova (GEV) stock posted a weekly decline after Wolfe Research downgraded the stock to ‘Peer Perform’ from ‘Outperform’, according to TheFly. The brokerage reportedly did not add any ...

GE, which is now GE Aerospace, hit a record closing high of $287.15 on Aug. 28, 2000, according to Dow Jones Market Data. The record intraday high is $289.54, also hit on Aug. 28, 2000.

GEV Stock Trading at a Premium In terms of valuation, GEV’s forward 12-month price-to-earnings (P/E) is 47.13X, a premium to its peer group’s average of 15.92X.

Sheila Kahyaoglu, an analyst from Jefferies, maintained a “Buy” rating on GE Aerospace (NYSE:GE)’s stock, and the associated price target remained same at $240.00.

General Electric (NYSE:GE – Get Free Report) shares rose 0.9% on Tuesday after Wells Fargo & Company raised their price target on the stock from $203.00 to $212.00. Wells Fargo & Company ...