RBC Capital Maintains Outperform on nVent Electric, Raises Price Target to $60
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Deane Dray has maintained an 'Outperform' rating on nVent Electric (NYSE:NVT) and raised the price target from $57 to $60.
July 31, 2023 | 2:32 pm
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POSITIVE IMPACT
nVent Electric's price target has been raised from $57 to $60 by RBC Capital, maintaining an 'Outperform' rating.
The raised price target and maintained 'Outperform' rating by RBC Capital indicates a positive outlook for nVent Electric. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100