** Shares of Vertiv Holdings VRT.N down ~10% to $82.37 after Barclays analysts slashed their price target on the data center technology provider
** VRT is on track for biggest daily pct decline since Jan. 27
** "We are concerned that Q1 orders, when taken in conjunction with the orders rates of recent quarters, will not be supportive of bulls' hopes for a high teens/20%+ sales growth
rate in 2026," said Barclays analysts led by Julian Mitchell
** "2025 EPS guidance can likely come up due to FX tailwinds and the organic sales backlog entering the year," Mitchell added
** Barclays cut VRT PT to $100 from $111 but retained "equal weight" rating
** Among 22 analysts covering VRT, the avg rating is "BUY" and median PT is $139.50
** VRT is down ~28% YTD vs ~10% drop in S&P 500 technology index .SPLRCT
(Reporting by Chibuike Oguh in New York)
((Chibuike.Oguh@thomsonreuters.com; +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))
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