Citigroup Maintains Buy on Vertiv Hldgs, Raises Price Target to $134
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Kaplowitz maintains a Buy rating on Vertiv Holdings (NYSE:VRT) and raises the price target from $130 to $134.
October 24, 2024 | 1:39 pm
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Citigroup analyst Andrew Kaplowitz has reaffirmed a Buy rating for Vertiv Holdings and increased the price target from $130 to $134, indicating a positive outlook.
The reaffirmation of a Buy rating and an increase in the price target by a major financial institution like Citigroup suggests confidence in Vertiv Holdings' future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100