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Vertiv Holdings initiated with a Buy at Jefferies

Vertiv Holdings initiated with a Buy at Jefferies

Jefferies initiated coverage of Vertiv Holdings with a Buy rating and $125 price target Vertiv is positioned to benefit from the rise in data center construction with a leading position in liquid cooling, the analyst tells investors in a research note. The firm 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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