nVent Electric plc (NYSE:NVT) is a top data center cooling company with an overweight rating. Barclays raised its price target on NVT to $140 after a presentation at the Goldman Sachs Conference. The company is focusing on liquid cooling solutions to meet AI demand and pivot towards data center infrastructure growth.

Piper Sandler increases Shell (SHEL) price target to $90, maintaining an overweight rating. nVent Data Solutions showcased new liquid cooling solutions at SC25 on Nov 17. Management emphasized collaboration with chip manufacturers for next-gen AI chips. NVT aims to dominate the liquid cooling business amid the surge in AI demand.

nVent Electric plc is transitioning to focus on data center infrastructure for growth. Management remains confident in strong margins and unaffected by AI and data center trends. The company provides electrical connection and protection solutions across industries, emphasizing sustainability and workplace safety.

nVent Electric plc serves mission-critical processes globally with over 11,000 employees. While NVT offers investment potential, other AI stocks may have greater upside and lower risk. For an undervalued AI stock benefiting from tariffs and onshoring trends, explore Insider Monkey’s free report on the best short-term AI stock.

Read more at Yahoo Finance: Goldman Sachs Industrials and Materials Conference 2025 Brought A Positive Update for nVent (NVT)