Vertiv Holdings price target raised to $51 from $50 at Wolfe Research

Wolfe Research raised the firm’s price target on Vertiv Holdings to $51 from $50 and keeps an Outperform rating on the shares post the Q3 report. While there was a “little noise” around quarterly seasonality in 2024, the company is confident in Q1 growth despite tough compares, the analyst tells investors in a research note.