Vertiv upgraded at Melius on increased AI spending

4 hours ago 1
Artificial intelligence green circuit board

J Studios/DigitalVision via Getty Images

  • Melius Research has upgraded Vertiv (NYSE:VRT) to buy from hold saying the critical digital infrastructure provider is poised to benefit from an acceleration in spending on artificial intelligence and declining capital expenditure risks.
  • The firm boosted its price target to $165 (~31% upside

Recommended For You

More Trending News

Read Entire Article