Citigroup Maintains Buy on Vertiv Hldgs, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz maintains a 'Buy' rating on Vertiv Holdings (NYSE:VRT) and raises the price target from $40 to $47.
October 09, 2023 | 4:02 pm
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POSITIVE IMPACT
Citigroup maintains a 'Buy' rating on Vertiv Holdings and raises the price target from $40 to $47, indicating a positive outlook for the company.
The raised price target by Citigroup indicates a positive outlook for Vertiv Holdings. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Citigroup's analyst Andrew Kaplowitz maintains a 'Buy' rating on Vertiv Holdings and raises the price target, reflecting positively on Citigroup's market analysis capabilities.
While the news reflects positively on Citigroup's market analysis capabilities, it does not directly impact Citigroup's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50