Goldman Sachs Maintains Buy on Vertiv Hldgs, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney has reaffirmed a Buy rating on Vertiv Holdings (VRT) and increased the price target from $46 to $52.
December 01, 2023 | 3:18 pm
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POSITIVE IMPACT
Goldman Sachs has maintained a Buy rating on Vertiv Holdings and raised the price target from $46 to $52, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Goldman Sachs typically suggests a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100