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Vertiv Holdings (VRT) Receives a Buy from Mizuho Securities

Tipranks - Tipranks - Wed Aug 5, 9:10AM CDT

In a report released on July 31, Brett Linzey from Mizuho Securities maintained a Buy rating on Vertiv Holdings, with a price target of $300.00.

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Linzey covers the Industrials sector, focusing on stocks such as Honeywell International, Vertiv Holdings, and 3M. According to TipRanks, Linzey has an average return of 15.5% and a 72.95% success rate on recommended stocks.

In a report released yesterday, Bernstein also maintained a Buy rating on the stock with a $368.00 price target.

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Based on Vertiv Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $3.27 billion and a net profit of $497.8 million. In comparison, last year the company earned a revenue of $2.64 billion and had a net profit of $324.2 million

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