Barclays lowered the firm’s price target on Vertiv (VRT) to $111 from $131 and keeps an Overweight rating on the shares. The firm reduced price targets in the multi-industry group, saying normalization is underway on orders, lead times, pricing, and share valuations.
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Read More on VRT:
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- Vertiv price target lowered to $131 from $142 at Barclays