Vertiv price target raised to $196 from $191 at RBC Capital

RBC Capital raised the firm’s price target on Vertiv (VRT) to $196 from $191 and keeps an Outperform rating on the shares. The company – a leader in datacenter power management and liquid cooling, – continued its strong earnings and orders momentum with a 16% operating beat, 60% growth in organic orders, 30% backlog growth, and a 7% above-consensus guidance boost, the analyst tells investors in a research note. Strong growth in datacenter leasing, hyperscaler capex, and AI/cloud compute deals suggest strong demand pipeline into 2026 and beyond, the firm added.