RBC Capital Maintains Outperform on nVent Electric, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on nVent Electric (NYSE:NVT) but lowers the price target from $88 to $82.
August 07, 2024 | 4:49 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on nVent Electric but lowers the price target from $88 to $82.
The Outperform rating suggests continued confidence in nVent Electric's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100