Barclays raised the firm’s price target on nVent Electric to $69 from $55 and keeps an Overweight rating on the shares. The firm increased estimates post the Q2 results, saying nVent continues to execute well.
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Read More on NVT:
- nVent Electric sees Q3 adjusted EPS 72c-74c, consensus 73c
- nVent Electric raises FY23 adjusted EPS view to $2.85-$2.91 from $2.65-$2.73
- nVent Electric reports Q2 adjusted EPS 77c, consensus 68c
- nVent Electric initiated with an Outperform at William Blair
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