Goldman Sachs' first verdict on GE Vernova: 'uniquely positioned'

Goldman Sachs said GE Vernova is “uniquely positioned” to benefit from the energy transition and has significant potential to increase profits in wind power, as the investment giant started coverage of the newly spun-off global energy business.

Analysts at Goldman Sachs gave GE Vernova a ‘Buy’ rating and a $154 share target price following the company’s listing in New York as an independent entity from GE.