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Vertiv stock rises as Citi hikes price target to $340 on strong AI-driven demand and industrial trends.

Analyst Insights
13 Apr 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Vertiv's stock jumped after Citi raised its price target from $286 to $340, citing improving industrial trends and strong AI-driven order momentum. The company reported record Q4 orders up 252% year-over-year and a backlog of $15 billion, providing strong revenue visibility. Vertiv expects 27-29% organic sales growth and 42-45% EPS growth in 2026, driven by demand from hyperscale data centers. Investors will watch upcoming Q1 results to confirm this momentum and justify the high valuation.

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