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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VRT:
- Vertiv price target raised to $286 from $220 at Citi
- Vertiv price target raised to $281 from $204 at Deutsche Bank
- Vertiv: AI-Driven Data Center Demand Fuels Record Orders, Margin Expansion, and Sustained Upside Through 2026
- Vertiv price target raised to $280 from $210 at Evercore ISI
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
