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Vertiv price target raised to $290 from $198 at Mizuho

Mizuho analyst Brett Linzey raised the firm’s price target on Vertiv (VRT) to $290 from $198 and keeps an Outperform rating on the shares. The company posted 252% orders growth in Q4 while doubling its backlog, the analyst tells investors in a research note. The firm upped estimates post the earnings print.

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