Barclays raised the firm’s price target on nVent Electric (NVT) to $140 from $130 and keeps an Overweight rating on the shares as part of a 2026 outlook for the multi-industry group. A neutral sector view remains appropriate into next year, but expectations are low on end-markets beyond data centers, electric utilities and aerospace, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVT:
- Strong Growth Potential and Strategic Positioning Drive Buy Rating for nVent Electric
- nVent Electric initiated with a Buy at UBS
- nVent Electric’s Earnings Call: Record Sales and Growth
- nVent Electric price target raised to $130 from $115 at Seaport Research
- nVent Electric price target raised to $133 from $117 at RBC Capital