nVent Electric price target raised to $138 from $136 at RBC Capital

RBC Capital raised the firm’s price target connected nVent Electric (NVT) to $138 from $136 and keeps an Outperform standing connected the shares aft its Q4 earnings. The datacenter maturation communicative remains afloat connected way successful nVent’s in-line Q4 operating results and 2026 guide, adjacent though capitalist excitement was a spot dimmed by the softer margins from transitory capableness ramp costs, the expert tells investors successful a probe note.

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