Goldman Sachs Maintains Buy on nVent Electric, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie maintains a Buy rating on nVent Electric (NYSE:NVT) and raises the price target from $55 to $58.
May 31, 2023 | 9:17 am
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Goldman Sachs maintains a Buy rating on nVent Electric and raises the price target from $55 to $58.
The news of Goldman Sachs maintaining a Buy rating on nVent Electric and raising the price target from $55 to $58 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100