Bernstein optimistic about Schneider, Vertiv, and Eaton benefiting from modular data center construction

Bernstein believes that as construction replaces power supply as the new bottleneck constraining data center deployments, the importance of modular construction will further increase. Bernstein regards Schneider, Vertiv, and Eaton as the most clearly exposed integrated equipment providers under the modularization trend. All three companies have been given an "Outperform" rating, with target prices of 350 euros, 368 US dollars, and 534 US dollars, respectively.