Oppenheimer raised the firm’s price target on GE Vernova (GEV) to $871 from $855 and keeps an Outperform rating on the shares. With GE Vernova continuing to navigate substantial headwinds on its Wind business, which weighed on Q4 results and 2026 guidance, demand in Power and Electrification continues to outpace expectations, the firm notes. Additionally, the company is closing the Prolec acquisition ahead of expectations helping drive potential upside to 2026 estimates. Oppenheimer believes the company is seeing sales synergies across the Power and Electrification segments and is well positioned to take share as on-premise solutions gain traction.
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