Citigroup Maintains Buy on Vertiv Hldgs, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz has reaffirmed a Buy rating on Vertiv Holdings (VRT) and increased the price target from $49 to $58.
December 11, 2023 | 5:06 pm
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Citigroup analyst Andrew Kaplowitz maintains a Buy rating on Vertiv Holdings and raises the price target from $49 to $58, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst from Citigroup suggests a strong conviction in Vertiv Holdings' future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100