Citigroup Maintains Buy on Vertiv Hldgs, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz has maintained a Buy rating on Vertiv Holdings (VRT) and increased the price target from $69 to $102. This adjustment reflects a positive outlook on VRT's future performance.
April 08, 2024 | 11:11 pm
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POSITIVE IMPACT
Citigroup analyst Andrew Kaplowitz reaffirms a Buy rating on Vertiv Holdings and raises the price target from $69 to $102, indicating a strong positive outlook on the company's future performance.
The increase in price target by a significant margin from $69 to $102 by a reputable analyst at Citigroup suggests a strong conviction in Vertiv Holdings' growth prospects and operational performance. This endorsement is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100