Shares of Vertiv Holdings Co (VRT) have surpassed the average analyst 12-month target price of $33.55, currently trading at $33.97 per share. This development prompts analysts to reassess their ratings, as some may opt to adjust target prices upward while others may consider downgrades based on valuations.
Within the Zacks coverage, there are 9 analysts providing insights, with target prices ranging from $18.00 to $41.00. The standard deviation among these target prices is $7.299, indicating variability in analyst expectations.
Recent ratings reflect 8 strong buys, 1 hold, and no sells, yielding an average rating of 1.22 on a scale where 1 represents a strong buy. This rating system reflects the collective outlook of analysts on the stock’s potential.
