Siemens Energy raises long-term profit targets, boosting industry outlook; Morgan Stanley: GE Vernova (GEV.US) expected to outperform expectations over the next few years

智通财经APP has learned that in its latest research report released on November 12, Morgan Stanley stated that the fourth quarter results and updated medium- to long-term performance guidance announced by Siemens Energy provide a positive signal for the long-term growth prospects of the American power equipment giant GE Vernova (GEV.US). The bank believes that continuous improvement in the profitability of the gas turbine business, strong demand for grid equipment, and the long-term growth potential of the aftermarket services business will drive GE Vernova's performance in the coming years to further exceed market expectations.