15 AI News Investors Are Paying Attention To

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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, Oppenheimer raised the price target on the stock to $131 from $121 and kept an Outperform rating on the shares. The advisory notes Vertiv raised long-term growth, margin, and cash generation targets and guided FY25 EPS modestly above the Street on in-line revenue outlook. Infrastructure bottlenecks appear to be playing to the firm’s competitive strengths, enabling 200-300bps outgrowth expectations vs. end-markets, Oppenheimer added.

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