nVent Electric (NVT) Tops Q1 EPS by 3c, provides guidance

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nVent Electric (NVT) PT Lowered to $88 at RBC Capital

May 6, 2024 6:40 AM EDT

RBC Capital analyst Deane Dray lowered the price target on nVent Electric (NYSE: NVT) to $88.00 (from $89.00) while maintaining a Outperform rating.

The analyst comments "Outperform-rated nVent reported a solid earnings quality 3% 1Q24 operating beat vs. our estimates with a modest guidance boost, consistent... More