Barclays Maintains Overweight on nVent Electric, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on nVent Electric (NYSE:NVT) but lowers the price target from $87 to $86.

October 02, 2024 | 6:02 pm
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Barclays analyst Julian Mitchell maintains an Overweight rating on nVent Electric but slightly lowers the price target from $87 to $86.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100