Barclays Adjusts nVent Electric (NVT) Price Target Amid Market Outlook | NVT Stock News

Apr 10, 2025

Barclays analyst Julian Mitchell has revised the price target for nVent Electric (NVT, Financial), lowering it from $70 to $65. Despite this adjustment, the analyst maintains an Overweight rating on the stock.

The firm highlights an emerging attractiveness in short cycle industrial stocks when compared to defensive stocks. However, it cautions that the overall demand visibility in the market remains quite limited.

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