Vertiv price target raised to $300 from $281 at Barclays

Barclays analyst Julian Mitchell raised the firm’s price target on Vertiv (VRT) to $300 from $281 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry group as part of a Q1 earnings preview. The sector faces “more demand question marks” but expectations are “somewhat re-based,” the analyst tells investors in a research note.