TD Cowen raised its price target for Vertiv Holdings Co. to $387 from $347. The firm maintained its Buy rating following the company’s Investor Day event.
Vertiv introduced a long-term financial guide projecting a 20-22% organic revenue compound annual growth rate through 2030. The company established an adjusted operating margin target of 27% for the same period.
The company expanded its total addressable market estimate to $75 billion. TD Cowen analysts characterized this guidance as potentially conservative.
The firm expects sustained demand for Vertiv’s products through at least the first quarter of 2026. This outlook follows an acceleration in recent data center leasing activity.