GE Vernova, the energy spin-off from the company formerly known as GE, on Wednesday announced it plans to invest nearly $600 million in its U.S. facilities over the next two years in order to help ...

GE Vernova's Schenectady campus was started by Thomas Edison in the late 1880s. The company was spun off last April from General Electric Co. GE Vernova CEO Scott Strazik greet Massachusetts Gov.

BofA raised the firm’s price target on GE Vernova (GEV) to $485 from $415 and keeps a Buy rating on the shares following Q4 results that the firm said “were solid and mostly matched consensus.” ...

GE Vernova says the move, accompanied by investments in Schenectady, will prompt the creation of more than a hundred new jobs. GE Vernova will invest more than $105 million at its advanced ...

Story Highlights GE Vernova invests $10 million in Pittsburgh facility. The investment will create over 270 jobs locally. The facility will produce power converters for renewable energy.

BofA raised the firm’s price target on GE Vernova (GEV) to $415 from $380 and keeps a Buy rating on the shares. The firm believes turbine pricing has been positive since 2019 and it raised its ...