JP Morgan Maintains Overweight on Vertiv Hldgs, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Trent has maintained an Overweight rating on Vertiv Holdings (VRT) and increased the price target from $45 to $48.
November 30, 2023 | 7:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan has reaffirmed its Overweight rating on Vertiv Holdings and raised the price target from $45 to $48, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like JP Morgan typically signals a strong conviction in the company's future performance and can positively influence investor sentiment, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100