Siemens Energy raises long-term profitability targets, releasing positive industry signals; Morgan Stanley: GE Vernova (GEV.US) performance is expected to continue exceeding expectations in the coming years

Zhitong Finance APP has learned that in its latest research report released on November 12, Morgan Stanley stated that the fourth-quarter results and the latest medium- and long-term performance guidance announced by Siemens Energy have sent a positive signal for the long-term growth prospects of U.S. power equipment giant GE Vernova (GEV.US). The bank believes that continued improvement in the profitability of the gas turbine business, strong demand for grid equipment, and the long-term growth potential of the after-sales service business will drive GE Vernova's performance to further exceed market expectations in the coming years.