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Evercore Maintains Vertiv Holdings(VRT.US) With Buy Rating, Raises Target Price to $135

Moomoo News ·  Oct 24 10:35  · Ratings

Evercore analyst Amit Daryanani maintains $Vertiv Holdings (VRT.US)$ with a buy rating, and adjusts the target price from $125 to $135.

According to TipRanks data, the analyst has a success rate of 59.3% and a total average return of 12.3% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Vertiv Holdings (VRT.US)$'s main analysts recently are as follows:

  • Vertiv Holdings is successfully converting robust market demand into earnings and cash flow. The expectation is that the company's earnings growth will surpass that of its peers, justifying a premium valuation on projected 2025 figures.

  • The post-Q3 report sell-off in Vertiv Holdings' shares is thought to be due to investor worries about the peak of order growth and heightened competition. Nonetheless, it is perceived that Vertiv's sustained operational execution and substantial competitive edge offer better clarity of earnings looking towards 2025 and onwards.

  • After an impressive report for the September-end quarter, expectations are set for Vertiv Holdings' revenue growth to pick up pace in calendar 2025 following a 14% increase in 2024. Operating margins are also anticipated to widen further. This expansion is projected to comfortably support mid to high teens revenue growth in 2025, alongside earnings per share surpassing $3.50.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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