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nVent Electric price target raised to $180 from $151 at RBC Capital

RBC Capital analyst Deane Dray raised the firm’s price target on nVent Electric (NVT) to $180 from $151 and keeps an Outperform rating on the shares. The company posted an impressive 15% operating earnings beat, boosted 2026 EPS view by 7% above consensus, and doubled its organic sales outlook, driven by momentum in data center and liquid cooling and power utility, the analyst tells investors in a research note.

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