Vertiv Thrives In AI Era With Strong Backlog, Analyst Says
Vertiv Holdings Co (NYSE:VRT) delivered a standout quarter that beat Wall Street expectations, fueled by surging data center demand and surging orders.The company lifted its full-year revenue, profit, and cash flow guidance as backlog and margins continued to expand, underscoring momentum in the global shift toward AI-driven infrastructure.Goldman Sachs analyst Mark Delaney reiterated his Buy rating and $159 price forecast, noting that the financial performance substantially surpassed his and the broader St ...