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BofA Securities Maintains Vertiv Holdings(VRT.US) With Buy Rating

Futu News ·  Oct 9 04:31  · Ratings

BofA Securities analyst Andrew Obin maintains $Vertiv Holdings (VRT.US)$ with a buy rating.

According to TipRanks data, the analyst has a success rate of 63.7% and a total average return of 12.6% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Vertiv Holdings (VRT.US)$'s main analysts recently are as follows:

  • The liquid cooling market is undergoing rapid evolution in response to the escalating demands for higher server densities in data centers. Vertiv Holdings is perceived as being 'uniquely positioned' to meet the twin challenges of power and thermal management that are intrinsic to AI data center operations. It is expected that there will not only be an increase in the total gigawatts required for running data centers but also in the content per megawatt for Vertiv. This is anticipated to lead to an acceleration in sales and margins in the coming years.

  • Vertiv Holdings stands to gain from the surge in data center construction, leveraging its leading role in liquid cooling technology. It is anticipated that the company will achieve a compound annual growth rate of earnings at 24% up to 2027, with prospects for upward earnings adjustments driven by a robust backlog projected into 2025, opportunities for capital deployment, and an increase in data center capacity expansions.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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