Vertiv Holdings price target raised to $90 from $80 at Evercore ISI

Evercore ISI raised the firm’s price target on Vertiv Holdings to $90 from $80 and keeps an Outperform rating on the shares. Recent industry developments and data points solidify the firm’s positive view of the data center and broader AI infrastructure backdrop and validate Evercore’s bullish investment thesis on Vertiv, the analyst tells investors in a research note.