Goldman Sachs Maintains Buy Rating for Vertiv Hldgs: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has maintained its Buy rating for Vertiv Hldgs (NYSE:VRT) and increased its price target from $38.00 to $43.00. Despite this, Vertiv Hldgs shares have fallen by 1.34% over the last 24 hours, currently trading at $39.34 per share.
September 05, 2023 | 5:00 pm
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Goldman Sachs maintains its Buy rating for Vertiv Hldgs and raises its price target, indicating a positive outlook for the company. However, the stock has fallen by 1.34% over the last 24 hours.
The maintenance of the Buy rating and increase in price target by Goldman Sachs indicates their positive outlook for Vertiv Hldgs. This could potentially attract investors, driving up the stock price. However, the recent drop in the stock price suggests market factors or investor sentiment not fully aligned with this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100