B of A Securities Upgrades Vertiv Hldgs to Buy, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin has upgraded Vertiv Hldgs (NYSE:VRT) from Underperform to Buy and raised the price target from $14 to $40.
August 04, 2023 | 11:35 am
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POSITIVE IMPACT
Vertiv Hldgs has been upgraded to Buy from Underperform by B of A Securities, with a significant price target increase from $14 to $40.
The upgrade from Underperform to Buy indicates a positive shift in the analyst's outlook for the company. The significant increase in the price target from $14 to $40 suggests that the analyst expects substantial upside potential for the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100