Vertiv price target raised to $330 from $320 at Oppenheimer

Oppenheimer raised the firm’s price target on Vertiv (VRT) to $330 from $320 and keeps an Outperform rating on the shares. Shares traded down Wednesday after Vertiv’s Q1 earnings beat/FY26 guidance raise, largely a function of elevated expectations into the print and a likely conservative Q2 outlook, the firm notes. With deferred revenue trends implying strong Q1 orders and pipeline growing sequentially, Oppenheimer sees setup for further guidance increases moving through the year.