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UBS Remains a Buy on Vertiv Holdings (VRT)

Tipranks - Tipranks - Fri Apr 24, 8:42AM CDT

UBS analyst maintained a Buy rating on Vertiv Holdings today and set a price target of $370.00.

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Vertiv Holdings has an analyst consensus of Strong Buy, with a price target consensus of $330.00.

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Based on Vertiv Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.65 billion and a net profit of $390.1 million. In comparison, last year the company earned a revenue of $2.04 billion and had a net profit of $164.5 million

Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VRT in relation to earlier this year. Last month, Anders Karlborg, the EVP, Man., Logistics and Op Ex of VRT sold 30,487.00 shares for a total of $7,527,885.13.

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