Vertiv Holdings price target raised to $100 from $95 at JPMorgan

JPMorgan raised the firm’s price target on Vertiv Holdings to $100 from $95 and keeps an Overweight rating on the shares. The firm increased its above-consensus estimates by 4%-5% following the “strong” Q1 report. JPMorgan says it has never seen a 60% order gain for any company it has ever covered in the middle of the cycle.