tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vertiv price target raised to $195 from $162 at Roth Capital

Roth Capital raised the firm’s price target on Vertiv (VRT) to $195 from $162 and keeps a Buy rating on the shares. Vertiv is tracking toward the higher end of guidance supported by robust demand for AI-driven data center infrastructure, and the acceleration in hyperscale capex spending should support a stronger growth trajectory into 2026-2027, the analyst tells investors in a research note. Vertiv’s long-standing relationships with hyperscalers and close collaboration with Nvidia (NVDA) positions the company to meet the growing complexity of power and cooling requirements, Roth argues.

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>>

Disclaimer & DisclosureReport an Issue

1