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Vertiv price target raised to $340 from $286 at Citi

Citi raised the firm’s price target on Vertiv (VRT) to $340 from $286 and keeps a Buy rating on the shares. The firm adjusted targets in the industrials group as part of a Q1 preview. Citi believes “gradually improving” industrial trends remain intact and should drive solid Q1 earnings for most of the name in the sector.

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