BofA raised the firm’s price target on Vertiv Holdings to $72 from $60 and keeps a Buy rating on the shares. Management raised Q4 guidance in conjunction with the November investor day and BofA expects results at the upper end of guidance, the analyst tells investors in a Q4 preview note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on VRT:
- Vertiv Holdings put volume heavy and directionally bearish
- Vertiv Holdings price target raised to $60 from $52 at TD Cowen
- Vertiv Holdings call volume above normal and directionally bullish
- Unusually active option classes on open December 22nd
- Vertiv Holdings price target raised by $8 at BofA, here’s why
