TD Cowen analyst Lance Vitanza lowered the firm’s price target on Vertiv (VRT) to $133 from $139 and keeps a Buy rating on the shares. The firm noted they reported upside 1Q25 results, strong 1Q25 orders, and raised 2025 revenue guidance. Management noted it is confident it can navigate potential tariff scenarios given its multi-region manuf. capabilities and supply chain team’s proven track record.
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