Vertiv Stock (VRT) Soars as Top Barclays Analyst Upgrades to Buy, Sees 'Substantial' Earnings Upside

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2026.01.02 11:57
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Vertiv Holdings (VRT) stock rose approximately 5% in pre-market trading after Barclays analyst Julian Mitchell upgraded it to Buy, raising the price target from $181 to $200. Despite a 10% decline over the past month, VRT has gained nearly 43% in 2025. The company reported strong Q3 results and a $9.5 billion backlog, benefiting from high demand in the AI-driven data center market. Mitchell sees significant earnings upside for 2026 and 2027, suggesting a favorable buying opportunity as VRT's PEG ratio aligns with peers.