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Benzinga

Business

Akanksha Bakshi

JPMorgan Upgrades Vertiv - Read Why

JPMorgan VRT NYSE Veritiv Vertiv Holdings Co

JPMorgan analyst Stephen Tusa upgraded Vertiv Holdings Co (NYSE:VRT) to Overweight from Neutral with a price target of $18 (an upside of 22%).
Tusa sees "compelling" risk/reward profits with earnings and free cash flow estimates reset.
Also read: Veritiv Agrees To Sell Canadian Operations To Imperial Dade For Undisclosed Sum.
Price Action: VRT shares are trading higher by 7.14% at $15.00 on the last check Friday.

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