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.
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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
