Vertiv price target raised to $280 from $210 at Evercore ISI

Evercore ISI raised the firm’s price target on Vertiv (VRT) to $280 from $210 and keeps an Outperform rating on the shares following what the firm says was “an impressive print.” The firm views Vertiv as structurally positioned for sustained growth as one of the few providers capable of delivering end-to-end prefabricated data center solutions at scale, the analyst tells investors in a post-earnings note.