Vertiv Gets Boost from BMO's Outperform Rating

Key Summary

BMO Capital Markets has initiated coverage on Vertiv Holdings Co. with an Outperform rating and a $329 price target, representing approximately 30% upside from its current stock price of $252.18. Vertiv, a power management and thermal cooling products provider for data centers, has seen its stock slide following recent news, with the firm believing the market has already absorbed much of the negative impact. The company reported $10.2 billion in revenue in 2025 and employs around 34,000 people, with data centers accounting for 85% of its revenue. Vertiv has also made recent acquisitions, including Utility Innovation Group valued at up to $2.6 billion.