Vertiv Holdings price target raised to $145 from $125 at Mizuho

Mizuho raised the firm’s price target on Vertiv Holdings (VRT) to $145 from $125 and keeps an Outperform rating on the shares following the investor day. The company’s financial objectives were rolled forward one year through 2029, with the preliminary framework for 2025 above consensus for adjusted earnings and growth, the analyst tells investors in a research note. The firm says Vertiv’s long-term framework encapsulated higher than expected organic growth and operating margins. The company’s algorithm should continue to differentiate from peers, contends Mizuho.