35 AI News You Should Not Miss

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13. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 92 

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. Jefferies recently initiated coverage of the stock with a Buy rating and $125 price target. In a research note, the advisory stressed that Vertiv was positioned to benefit from the rise in data center construction with a leading position in liquid cooling. The advisory estimates the company should compound earnings at 24% through 2027 with potential for positive earnings revisions from a strong backlog into 2025, capital deployment opportunities and an acceleration of data center capacity builds.

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