Vertiv Holdings price target raised to $25 from $22.50 at TD Cowen

TD Cowen analyst Lance Vitanza raised the firm’s price target on Vertiv Holdings to $25 from $22.50 and keeps an Outperform rating on the shares. The analyst said shares are still extremely cheap in our opinion, despite Vertiv beating guidance on all financial metrics in 1Q23, validating its operational turnaround.