BofA raised the firm’s price target on Vertiv (VRT) to $440 from $370 and keeps a Buy rating on the shares. The firm argues that a premium is warranted given above-peers earnings growth.
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 $412 from $345 at Barclays
- Loop starts Vertiv at Buy into AI infrastructure ‘super cycle’
- Vertiv initiated with a Buy at Loop Capital
- Nigel Coe Maintains Hold on Vertiv as AI-Driven Growth Upside Appears Fully Priced into 2030 Earnings Outlook
- Defiance Unpacks Why AI-Focused AIPO ETF Is Shaking Up the Investment World