Vertiv price target raised to $330 from $277 at BofA

BofA raised the firm’s price target on Vertiv (VRT) to $330 from $277 and keeps a Buy rating on the shares. While the firm acknowledges that the “bar” for Vertiv is to post beat-and-raise results, it argues that data center construction spending re-accelerated to 31% year-over-year to a $47B annualized pace, per Census, “bodes well” both for Q1 and full-year 2026 guidance.