Nomura Raises GE Vernova Target Price, Citing Growth

Nomura, a financial firm, thinks a company called GE Vernova T&D India will do well.

They've increased their target price, meaning they think the stock will be worth more.

This is because they expect more orders coming in, especially from outside India.

GE Vernova is in the power transmission business, and Nomura expects them to get more business from the parent company and growing market demand in the EU/ME.

The company has been doing very well, with its stock price increasing significantly from its April low.