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Stock impact report

Baird Highlights GE Vernova's (GE) Accelerated Free Cash Flow and AI-Driven Growth Targets [Yahoo! Finance]

GE Vernova Inc. (GEV) 
Company Research Source: Yahoo! Finance
Vernova to $816 from $706 and maintained an Outperform rating on the shares. This sentiment was announced as the firm broadly updated its model after the company's investor update. Additionally, later on December 22, GE Vernova announced that its Electrification Systems business received a major contract from Adani Energy Solutions Ltd. to provide high-voltage direct current/HVDC technology for the Khavda–South Olpad transmission corridor in India. This project is designed to evacuate renewable power from the Khavda renewable energy zone in Gujarat's Kutch region to South Olpad, a critical injection point for the national grid. The project features a 2.5-gigawatt (2,500 MW) capacity, making it the highest-rated voltage-sourced converter/VSC-based HVDC system ever planned in India. GE Vernova will supply a ±500 kV bipolar system consisting of two 1,250 MW links. The scope of work includes the design of the complete system, the supply of major converter station equipment, and the ov Show less Read more
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