Tue Jan 28 14:40:00 UTC 2025: ## Guggenheim Downgrades GE Vernova to Neutral, Citing Slowing Growth
**NEW YORK** – Guggenheim analyst Joseph Osha downgraded General Electric’s energy business, GE Vernova (GEV), to a Neutral rating from Buy, removing the firm’s $380 price target. While acknowledging the stock’s recent strong performance, Osha cited a belief that the pace of upward revisions to GE Vernova’s financial model is likely to slow. This, he argues, makes further significant upside based on EBITDA and free cash flow less probable. The analyst now considers the stock fairly valued. This downgrade contrasts with recent price target increases from other firms including Goldman Sachs, Wells Fargo, Truist, and BMO Capital.
First Piper 