Baird initiated Vertiv with a buy and $370 price target, implying 21% upside as liquid cooling demand surges from next-gen AI hardware launches.
Vertiv's ThermoKey acquisition bolsters its heat rejection capabilities, adding a competitive edge beyond liquid cooling as data centers scale up.
Trading at 47x forward earnings, Loop Capital's Baruah still calls Vertiv a tech company in disguise, suggesting shares may not yet be expensive enough.
Don't wait: the ******* yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Shares of cooling infrastructure play Vertiv (NASDAQ:VRT) have been that much harder to hang onto since the shares peaked out back in May. Despite the pick-up in turbulence and the plunge into bear market territory, a number of ******* ysts have not soured on the name. The AI data center buildout hasn't gone anywhere; if anything, things could get even more intense as companies look to get AI compute where it needs to be to roll out the red carpet for that agentic AI blast-off.
#cooling #trading
Vertiv's ThermoKey acquisition bolsters its heat rejection capabilities, adding a competitive edge beyond liquid cooling as data centers scale up.
Trading at 47x forward earnings, Loop Capital's Baruah still calls Vertiv a tech company in disguise, suggesting shares may not yet be expensive enough.
Don't wait: the ******* yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Shares of cooling infrastructure play Vertiv (NASDAQ:VRT) have been that much harder to hang onto since the shares peaked out back in May. Despite the pick-up in turbulence and the plunge into bear market territory, a number of ******* ysts have not soured on the name. The AI data center buildout hasn't gone anywhere; if anything, things could get even more intense as companies look to get AI compute where it needs to be to roll out the red carpet for that agentic AI blast-off.
#cooling #trading
3 months ago
