Vertiv shares fall despite annual sales forecast hike, Q3 results beat

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Vertiv Holdings Co. (VRT) PT Raised to $135 at Evercore ISI

October 23, 2024 12:43 PM EDT

Evercore ISI analyst Amit Daryanani raised the price target on Vertiv Holdings Co. (NYSE: VRT) to $135.00 (from $125.00) while maintaining a Outperform rating.

The analyst comments "ALL YOU NEED TO KNOW: VRT reported an impressive Sept-qtr print with rev/EPS of $2,074M/ $0.76 vs. consensus at $1,979M/$0.69. Overall sales were up 19% organically driven by acceleration in EMEA (+26%), Americas (+21%) and more... More