AIYahoo Financeabout 4 hours ago
Vertiv Stock Eyes $400 on AI Data Center Surge
1 min read
Vertiv's $15 billion backlog, up 109% year-over-year, supports a bull-case price target of $410. Reaching $400 demands EMEA recovery and multiple expansion from 49x to roughly 64x forward earnings. CEO Giordano Albertazzi cited very robust data center demand growth, with the AI infrastructure buildout in its early stage.
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