Analyst Michael Elias from TD Cowen maintained a Buy rating on Vertiv Holdings (VRT – Research Report) and decreased the price target to $133.00 from $139.00.
Michael Elias has given his Buy rating due to a combination of factors that highlight Vertiv Holdings’ strong performance and future potential. The company reported impressive first-quarter results for 2025, surpassing expectations and demonstrating robust order growth. Additionally, Vertiv raised its revenue guidance for the year, indicating confidence in its ability to sustain this momentum.
Furthermore, despite potential challenges from tariffs, Vertiv’s management has expressed confidence in navigating these issues due to their multi-regional manufacturing capabilities and a proven supply chain team. The overall demand for data centers remains strong, providing a favorable backdrop for Vertiv’s continued success. These factors collectively support a positive outlook for the company’s stock, justifying the Buy rating.
In another report released yesterday, Mizuho Securities also maintained a Buy rating on the stock with a $115.00 price target.