** At least five brokerages raise PT on data center equipment maker Vertiv VRT.N after co forecasts annual profit above Wall Street estimates
** Shares of the company were down nearly 2% at $244 premarket after hitting a record high on Wednesday
** Co on Wednesday said it expects 2026 adjusted profit between $5.97 and $6.07 per share, above analysts' estimate of $5.73, according to data compiled by LSEG
** Oppenheimer expects co to see stronger-than-planned demand and margin expansion over the next two years
** RBC says co's strong order surge and confident outlook for continued datacenter and AI-driven demand reinforce its bullish view on VRT
** 24 of 28 brokerages rate the stock "buy" or higher, 3 "hold" and 1 "sell"; their median PT is $233.50- data compiled by LSEG
** As of last close, VRT shares up 53.4% YTD
Brokerages | New PT | Old PT |
RBC | $266 | $200 |
Oppenheimer | $270 | $195 |
Barclays | $281 | $200 |
Citi | $286 | $220 |
JP Morgan | $305 | $225 |
(Reporting by Apratim Sarkar in Bengaluru)
((Apratim.Sarkar@thomsonreuters.com))