2022-12-01 06:05:05 VRT Vertiv Holdings
12/01/22 12/0106:05 12/01/2206:05 | Vertiv Holdings upgraded to Outperform from Peer Perform at Wolfe ResearchWolfe Research analyst Nigel Coe upgraded Vertiv Holdings to Outperform from Peer Perform with an $18 price target. Coe sees significant outgrowth potential for Vertiv at a reasonable valuation, the analyst tells investors in a research note. Aggressive backlog build through 2022 provides strong support for above-average sales growth into 2023, and Coe says signs for FY23 are encouraging with DC capex tracking up double digits. |
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