RBC Capital Maintains Outperform on nVent Electric, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on nVent Electric (NVT) and raises the price target from $65 to $72.
February 07, 2024 | 5:51 pm
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RBC Capital analyst Deane Dray maintains an Outperform rating on nVent Electric and raises the price target from $65 to $72.
The upgrade in the price target by a reputable analyst like Deane Dray suggests a strong bullish sentiment towards nVent Electric. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100