Goldman Sachs raised the firm’s price target on Vertiv (VRT) to $182 from $159 and keeps a Buy rating on the shares. The company’s Q3 report shows strong order growth, the analyst tells investors in a research note. The “robust” order growth and management comments of a healthy pipeline are a positive sign that demand for Vertiv’s products will remain strong going forward, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VRT:
- Vertiv price target raised to $170 from $145 at Barclays
- Vertiv upgraded to Outperform from Neutral at KGI Securities
- Vertiv Holdings Co Reports Strong Q3 Earnings
- Vertiv Holdings: Strong Q3 Results and 2025 Guidance Drive Buy Rating and Increased Price Target
- Unusually active option classes on open October 22nd