GE Vernova is trading at $882.24, down -7.27%, after GLJ Research initiated coverage with a Sell rating and a $470 price target.
- GLJ cited cyclical concerns and weaker projected 2027 margins.
- GLJ expects 2027 EBITDA of $7.42 billion, 22% below consensus.
- The broader market also weakened amid elevated yields, oil prices, and Federal Reserve uncertainty; the decline is company-specific, amplified by broad risk-off sentiment.