Mizuho analyst Brett Linzey raised the firm’s price target on Vertiv Holdings to $56 from $50 and keeps a Neutral rating on the shares. The company reported a Q4 earnings and operational beat and positive price/cost is expected throughout 2024, but moderating, the analyst tells investors in a research note.
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Read More on VRT:
- VRT Earnings: Vertiv Plummets as Q1 Outlook Falls Short of Estimates
- Vertiv Holdings sees FY24 adjusted EPS $2.20-$2.26, consensus $2.24
- Vertiv Holdings sees Q1 adjusted EPS 32c-36c, consensus 37c
- Vertiv Holdings reports Q4 adjusted EPS 56c, consensus 53c
- Vertiv Holdings Bolsters Financial Position with Enhanced Credit Terms