nVent Electric price target raised to $141 from $140 at Barclays

Barclays analyst Julian Mitchell raised the firm’s price target on nVent Electric (NVT) to $141 from $140 and keeps an Overweight rating on the shares. The firm thinks the post-earnings selloff brings a buying opportunity. nVent’s capital markets day offers the chance to address investor margin concerns, the analyst tells investors in a research note.