VRT - Why Data Infrastructure Company Vertiv's Shares Are Shooting Higher Today | Benzinga
Oppenheimer analyst Noah Kaye initiated coverage on the shares of Vertiv Holdings (NYSE:VRT) with an Outperform rating and a price target of $96.
AI investments appear likely to support a tripling of installed data center capacity and double-digit TAM expansion for VRT over the next five years, noted the analyst.
The analyst expects infrastructure requirements for higher compute density to drive VRT's wallet share expansion with an opportunity of $500,000/MW.
Increasing rack power density, rising cost of downtime and thermal demand driving liquid cooling adoption ...