Evercore ISI analyst Amit Daryanani raised the firm’s price target on Vertiv Holdings to $80 from $75 and keeps an Outperform rating on the shares. The firm views Vertiv as “a unique way for investors to play a multitude of secular themes related to data center growth,” particularly in an AI-centric environment, and believes that the company can sustain mid/high 20’s EPS compound annual growth to about $6.50 EPS over next few years in an upside scenario, the analyst tells investors.
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