Vertical Research Upgrades Vertiv Holdings Co - (VRT)
Nasdaq Fintel reports that on June 9, 2023, Vertical Research upgraded their outlook for Vertiv Holdings Co - (NYSE:VRT) from Hold to Buy .
Analyst Price Forecast Suggests 8.01% Downside
As of June 2, 2023, the average one-year price target for Vertiv Holdings Co - is 19.49. The forecasts range from a low of 13.13 to a high of $26.25. The average price target represents a decrease of 8.01% from its latest reported closing price of 21.19.
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The projected annual revenue for Vertiv Holdings Co - is 6,097MM, an increase of 0.67%. The projected annual non-GAAP EPS is 1.11.
What is the Fund Sentiment?
There are 584 funds or institutions reporting positions in Vertiv Holdings Co -. This is an increase of 17 owner(s) or 3.00% in the last quarter. Average portfolio weight of all funds dedicated to VRT is 0.40%, a decrease of 10.63%. Total shares owned by institutions decreased in the last three months by 1.20% to 387,650K shares. The put/call ratio of VRT is 0.45, indicating a bullish outlook.