TD Cowen analyst Lance Vitanza raised the firm’s price target on Vertiv Holdings (VRT) to $60 from $52 and keeps an Outperform rating on the shares. The firm said earnings commentary from Microsoft (MSFT) and Google (GOOG) implies that hyperscalers are beginning to see a favorable return on their increased investment in Artificial Intelligence, suggesting the current boom in new data center deployments could last considerably longer than current market expectations,
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