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nVent Electric price target raised to $143 from $138 at RBC Capital

RBC Capital analyst Deane Dray raised the firm’s price target on nVent Electric (NVT) to $143 from $138 and keeps an Outperform rating on the shares. The firm is citing the company’s investor day presentation, where 2028 targets were set above expectations, driven by continued robust secular growth in liquid cooling/data centers and power utility, the analyst tells investors in a research note.

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