14 AI News Updates Wall Street Is Monitoring

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8. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 91

Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. On November 19, Citi raised the price target on the stock to $141 from $134 and kept a Buy rating on the shares. After attending the company’s investor day, the advisory thinks the company’s updated roadmap for the upcoming years, including accelerated organic growth, a solid margin expansion runway, and a flexible capital allocation plan, should support continued share price outperformance over time.

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