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.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVT:
- nVent Electric price target raised to $185 from $140 at KeyBanc
- nVent Electric price target raised to $200 from $164 at UBS
- Analyst Neal Burk Reiterates Buy on nVent Electric, Raising Price Target on Strong Results and Upbeat Outlook
- nVent Electric price target raised to $190 from $150 at Barclays
- Nvent Electric Rides Data Center Wave to Record Quarter
