tiprankstipranks
Advertisement
Advertisement

Vertiv price target raised to $266 from $200 at RBC Capital

RBC Capital analyst Deane Dray raised the firm’s price target on Vertiv (VRT) to $266 from $200 and keeps an Outperform rating on the shares. The company reported exceptional 252% Q4 orders growth, 109% backlog growth, 170 bps margin improvement, strong free cash flow, and upside 2026 guidance, all keeping the bull case on this datacenter equipment story on track, the analyst tells investors in a research note.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1