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0 0.00337206467863811 8.12545705695206E-05 -0.000893800276265535 0.00589095636629556 0.0164300804420248 0.0111318761680344 0.0139757861379703
Stock impact report

Baird downgrades GEV on competition and power overcapacity fears [Yahoo! Finance]

FTAI Aviation Ltd. (FTAI) 
Last ftai aviation ltd. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ftandi.com
Company Research Source: Yahoo! Finance
Competitors like Doosan, Boom Technology, FTAI Aviation Ltd (NASDAQ:FTAI) and CAT, entering or are expanding in the power space. While the market conditions remain tight in the near term such developments changes sentiment against what had become a consensus long trade. Baird said its long-term view of GEV as a leader in power and electrification is unchanged and that it continues to see the stock as a core holding over time. But analysts said they are moving to the sidelines in the near term as questions build around future supply and pricing. GEV expects to have up to 20 GW of annual heavy-duty turbine capacity by mid-2026, plus about 2 GW of aero units. Including estimated capacity at Siemens and Mitsubishi Heavy Industries, it is close to 60 GW of annual heavy-duty capacity among the three major suppliers. Given growing oversupply concerns and GEV's cautious stance on expansion, Baird does not expect the company to announce additional heavy-duty turbine capacity in the ne Show less Read more
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