** Shares of data center equipment maker Vertiv VRT.N fall 2% to $230 premarket

** Jefferies resumes coverage on the company and downgrades rating to 'hold' from 'buy', slashes price target to $260 from $280

** New PT implies an upside of 11% from the stock's last close

** Brokerage says co's tougher comparisons and order volatility could weigh on growth and margins

** Adds elevated consensus growth expectations for 2026–27 leave limited room for upside as capacity expansion and hyperscaler spending visibility remain low

** 24 of 29 brokerages rate the stock "buy" or higher, four "hold" and one "sell"; their median PT is $277 - data compiled by LSEG

** As of last close, stock up 44.6% YTD