GE Vernova stock rises as $1,087 target lands, but “oversupply” talk clouds the trade
GE Vernova shares rose 1.9% to $651.92 Tuesday after GLJ Research set a new Wall Street-high price target of $1,087. The move follows a 2.7% surge Monday and comes ahead of the company’s Jan. 28 earnings report. Baird downgraded the stock last week, warning new turbine supply could slow the rally. Investors remain focused on order flow, margins, and 2026 guidance.