Vertiv initiated with an Outperform at RBC Capital

RBC Capital analyst Deane Dray initiated coverage of Vertiv (VRT) with an Outperform rating and $121 price target Vertiv (ticker: VRT) with an Outperform rating and $121 price target With 80% datacenter revenues, Vertiv is a near-pureplay datacenter power/thermal solutions provider with “scarcity value” as well as an array of number one to number three market positions, including top-two in liquid cooling, the analyst tells investors. Being on coveted hyperscale “approved vendor lists” is also a meaningful barrier to entry, adds the analyst, who sees the DeepSeek pullback presenting “an attractive entry point.”