Roth Capital raised the firm’s price target on nVent Electric (NVT) to $100 from $89 and keeps a Buy rating on the shares. The firm cites the company’s strong Q2 print and upward revisions to 2025 guidance, the analyst tells investors in a research note. nVent’s organic sales grew 9% y/y, supported by strength in liquid cooling and power utilities, while acquisitions added 21 points to growth, the firm added.
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Read More on NVT:
- nVent Electric price target raised to $102 from $85 at RBC Capital
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