Barclays raised the firm’s price target on nVent Electric (NVT) to $100 from $80 and keeps an Overweight rating on the shares. The firm believes the company’s valuation gap relative to higher rated electricals should start to close following the Q2 report.
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Read More on NVT:
- nVent Electric’s Strong Q2 Performance and Upward Guidance Drive Buy Rating
- nVent Electric Reports Strong Q2 2025 Results
- nVent Electric Reports Record Sales and Positive Outlook
- nVent Electric reports Q2 adjusted EPS 86c, consensus 79c
- nVent Electric raises FY25 adjusted EPS view to $3.22-$3.30 from $3.03-$3.13