Latest news with #AndrewKaplowitz
Business Insider
3 days ago
- Business
- Business Insider
Quanta Services (PWR) Receives a Rating Update from a Top Analyst
Citi analyst Andrew Kaplowitz maintained a Buy rating on Quanta Services on July 17 and set a price target of $432.00. The company's shares closed last Friday at $403.31. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Kaplowitz covers the Industrials sector, focusing on stocks such as Emerson Electric Company, Aecom Technology, and Flowserve. According to TipRanks, Kaplowitz has an average return of 29.9% and a 77.51% success rate on recommended stocks. Currently, the analyst consensus on Quanta Services is a Moderate Buy with an average price target of $375.39, a -6.92% downside from current levels. In a report released on July 18, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $452.00 price target. Based on Quanta Services' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.23 billion and a net profit of $144.26 million. In comparison, last year the company earned a revenue of $5.03 billion and had a net profit of $118.36 million
Yahoo
5 days ago
- Business
- Yahoo
Citi Raises Parker-Hannifin (PH) Price Target, Maintains Buy Rating
Parker-Hannifin Corporation Inc. (NYSE:PH) is one of the Best Industrial Automation Stocks to Buy for the Next Decade. Citi analyst Andrew Kaplowitz has lifted the firm's price target on Parker-Hannifin Corporation (NYSE:PH) to $831 from $709, while reiterating a Buy rating on the stock. The adjustment comes as part of Citi's broader outlook revision for the industrial conglomerate space ahead of second-quarter earnings. Kaplowitz noted that demand trends across the sector have remained resilient despite macro uncertainty. Citi expects most companies in the group to deliver solid Q2 results and offer modest upgrades to their 2025 earnings forecasts. Parker-Hannifin stands out for its strong execution and exposure to long-cycle, high-margin businesses. The firm pointed to Parker's expanding footprint in automation, aerospace, and engineered materials as a driver of earnings consistency. Its recent acquisitions, particularly the integration of Meggitt, have strengthened the company's presence in motion and control technologies used across industrial and defense markets. Parker has also benefited from increased investment in smart manufacturing, where its hydraulic, pneumatic, and electromechanical systems play a central role in automating complex operations. Margin expansion, disciplined capital allocation, and healthy order backlogs were also cited as tailwinds heading into the second half of the year. Parker-Hannifin supports industrial automation with motion control systems, sensors, and fluid technologies that drive efficiency in manufacturing and aerospace. While we acknowledge the potential of PH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Healthcare AI Stocks to Buy According to Hedge Funds and 10 Consumer Defensive Stocks to Buy Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
12-07-2025
- Business
- Business Insider
Selloff in Vertiv Stock (VRT) on Amazon's In-House Cooling Tech is ‘Overdone,' Say Top Analysts
On Thursday, Vertiv Holdings (VRT) stock fell about 6% after Amazon's (AMZN) cloud computing unit, Amazon Web Services (AWS), revealed its P6e-GB200 Ultra Servers equipped with liquid cooling infrastructure to support NVIDIA's (NVDA) Grace Blackwell SuperChip. The announcement raised concerns about the potential in-house production of cooling components by AWS. However, some analysts believe that the selloff in VRT stock seems 'overdone.' Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Analysts React to Impact on Vertiv from AWS' Potential Cooling Tech Citi analyst Andrew Kaplowitz backed his bullish thesis on Vertiv stock. The 5-star analyst stated that the liquid cooling market remains highly fluid, with AWS announcing its new P6e-GB200 Ultra Servers equipped with liquid cooling infrastructure. However, Kaplowitz thinks that it remains unclear to what extent AWS is producing liquid cooling components in-house versus partnering with suppliers. While Kaplowitz acknowledges investor concerns around the end market dynamics, he views the decline in Vertiv and nVent Electric (NVT) stocks as 'overdone.' Kaplowitz has a Buy rating on Vertiv stock with a price target of $130. Kaplowitz expects strong prior orders to support good near-term visibility for both Vertiv and nVent. The analyst believes that VRT's competitive advantages, including a market-leading portfolio in power and thermal management, as well as strong relationships with chip manufacturers, remain intact. While he expects such announcements to be made periodically due to the nascent nature of the liquid cooling market, he believes VRT remains poised to be a primary beneficiary of the expected liquid cooling ramp and views the pullback in the stock as a buying opportunity. He highlighted that VRT estimates the liquid cooling market growing from about 15% of the thermal market to 30% by 2027. Further, RBC Capital analyst Deane Dray, who also has a Buy rating on VRT stock, does not see original equipment electrical manufacturers like Vertiv and nVent Electric being 'disintermediated' following AWS' blog on its new tech. The 5-star analyst contends that this is not 'new news,' as AWS posted on June 11 that it was close to launching its custom system. Dray added that it is now common for hyperscalers to develop their own next-generation liquid cooling systems. In fact, electrical manufacturers like nVent provide critical development and test support to hyperscalers for custom systems. He concluded that any 'panic selling' in response to this news is overdone. Meanwhile, Barclays analyst Julian Mitchell sees the possibility of suppliers being involved in AWS's liquid cooling technology. Furthermore, the top-rated analyst believes that AWS is unlikely to be making the in-row heat exchanger hardware in-house. Mitchell reiterated a Hold rating on VRT stock. Is VRT a Good Stock to Buy? Overall, Vertiv Holdings stock scores a Strong Buy consensus rating based on 13 Buys versus two Hold recommendations. The average VRT stock price target of $125.27 indicates about 4% upside potential from current levels.
Yahoo
16-06-2025
- Business
- Yahoo
Citi Sees Big Upside in Vertiv (VRT)— Here's Why the Stock Now Has a $130 Price Target
Vertiv Holdings Co (NYSE:VRT) is one of the . On June 16, Andrew Kaplowitz from Citi maintained a 'Buy' rating on the stock with a price target of $130.00. The price target raise follows Vertiv's strong positioning in the growing data center market and its growth potential. In particular, Kaplowitz noted how the company is well-positioned to capitalize on the durable growth in AI and data center-related markets, which are anticipated to see global data center IT load growth of 14% CAGR through 2030. Since Vertiv boasts the potential to focus on innovation and self-help initiatives, it holds the ability to outgrow the industrial market. The firm is particularly confident about the company's strategy to mitigate tariff headwinds over time, with Vertiv anticipated to reach tariff-neutral status by the end of 2025. Citi believes that Vertiv's strong operational leverage and capital deployment opportunities will support 'a solid runway for ramping margin expansion over time.' This includes potential mergers and acquisitions or share repurchases, and is expected to support earnings growth. Based on these solid fundamentals and potential for improved performance, the firm has increased the EV/EBITDA target multiple and the target price for Vertiv's stock. Vertiv Holdings Co (NYSE:VRT) is a global provider of digital infrastructure technology and services for data centers, communication networks, and commercial and industrial facilities. While we acknowledge the potential of VRT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Business
- Yahoo
Citi Sees Big Upside in Vertiv (VRT)— Here's Why the Stock Now Has a $130 Price Target
Vertiv Holdings Co (NYSE:VRT) is one of the . On June 16, Andrew Kaplowitz from Citi maintained a 'Buy' rating on the stock with a price target of $130.00. The price target raise follows Vertiv's strong positioning in the growing data center market and its growth potential. In particular, Kaplowitz noted how the company is well-positioned to capitalize on the durable growth in AI and data center-related markets, which are anticipated to see global data center IT load growth of 14% CAGR through 2030. Since Vertiv boasts the potential to focus on innovation and self-help initiatives, it holds the ability to outgrow the industrial market. The firm is particularly confident about the company's strategy to mitigate tariff headwinds over time, with Vertiv anticipated to reach tariff-neutral status by the end of 2025. Citi believes that Vertiv's strong operational leverage and capital deployment opportunities will support 'a solid runway for ramping margin expansion over time.' This includes potential mergers and acquisitions or share repurchases, and is expected to support earnings growth. Based on these solid fundamentals and potential for improved performance, the firm has increased the EV/EBITDA target multiple and the target price for Vertiv's stock. Vertiv Holdings Co (NYSE:VRT) is a global provider of digital infrastructure technology and services for data centers, communication networks, and commercial and industrial facilities. While we acknowledge the potential of VRT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
