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Vertiv price target raised to $182 from $159 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Vertiv (VRT) to $182 from $159 and keeps a Buy rating on the shares. The company’s Q3 report shows strong order growth, the analyst tells investors in a research note. The “robust” order growth and management comments of a healthy pipeline are a positive sign that demand for Vertiv’s products will remain strong going forward, the analyst tells investors in a research note.

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