Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Industrial Goods Companies: GE Vernova Inc. (GEV) and Westinghouse Air Brake Technologies (WAB)

Tipranks - Fri Apr 24, 6:34AM CDT

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on GE Vernova Inc. (GEV) and Westinghouse Air Brake Technologies (WAB).

Claim 30% Off TipRanks

GE Vernova Inc. (GEV)

Wells Fargo analyst Michael Blum maintained a Buy rating on GE Vernova Inc. today and set a price target of $896.00. The company’s shares closed last Wednesday at $1127.56.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 14.9% and a 70.6% success rate. Blum covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Enterprise Products Partners, and Venture Global, Inc. Class A. ;'>

GE Vernova Inc. has an analyst consensus of Strong Buy, with a price target consensus of $1064.26, representing a -1.1% downside. In a report issued on April 9, Susquehanna also maintained a Buy rating on the stock with a $1080.00 price target.

See today’s best-performing stocks on TipRanks >>

Westinghouse Air Brake Technologies (WAB)

In a report released today, Jerry Revich from Wells Fargo maintained a Hold rating on Westinghouse Air Brake Technologies, with a price target of $284.00. The company’s shares closed last Wednesday at $261.52.

According to TipRanks.com, Revich is a 4-star analyst with an average return of 8.6% and a 56.1% success rate. Revich covers the Industrial Goods sector, focusing on stocks such as EquipmentShare.com, Inc., Republic Services, and Waste Connections. ;'>

Westinghouse Air Brake Technologies has an analyst consensus of Strong Buy, with a price target consensus of $288.18, which is a 13.7% upside from current levels. In a report issued on April 10, J.P. Morgan also maintained a Hold rating on the stock with a $280.00 price target.

Read More on GEV:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.