GE Vernova stock nudges up after Jefferies lifts target to $865, with earnings next
GE Vernova shares rose $4.85 to $649.03 midday Thursday after Jefferies raised its price target to $865 and maintained a Buy rating. The move comes ahead of the company’s Jan. 28 earnings report. Shares touched an intraday high of $666. Investors are watching for signs that orders and cash flow can keep pace with surging power demand from data centers.