GE Vernova stock nudges higher as Baird downgrade flags turbine oversupply fears
GE Vernova shares edged up 0.3% to $630.53 Friday after Baird downgraded the stock and cut its price target, citing growing competition and risks from turbine oversupply. The move followed a 5% drop Thursday. Investors now await the company’s Jan. 28 earnings report for updates on orders, margins, and cash flow.