Barclays raised the firm’s price target on nVent Electric (NVT) to $130 from $115 and keeps an Overweight rating on the shares post the Q3 report. The firm expects the company to see “outsized growth for some time.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVT:
- nVent Electric added to US Conviction List at Goldman Sachs
- Strong Buy Rating for nVent Electric Amid Robust Growth in Data Center Market and Strategic Expansion
- nVent Electric raises FY25 adjusted EPS view to $3.31-$3.33 from $3.32-$3.30
- nVent Electric sees Q4 adjusted EPS 87c-89c, consensus 88c
- nVent Electric reports Q3 adjusted EPS 91c, consensus 88c