Barclays Maintains Overweight on nVent Electric, Raises Price Target to $69
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Julian Mitchell maintains an Overweight rating on nVent Electric (NYSE:NVT) and raises the price target from $55 to $69.
July 31, 2023 | 10:54 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on nVent Electric and raises the price target from $55 to $69, which could lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for nVent Electric. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100