Truist Securities Maintains Buy on RBC Bearings, Raises Price Target to $265
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Ciarmoli has maintained a 'Buy' rating on RBC Bearings (NYSE:RBC) and raised the price target from $263 to $265.
July 21, 2023 | 2:13 pm
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Truist Securities has maintained a 'Buy' rating on RBC Bearings and raised the price target from $263 to $265, which could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. In this case, Truist Securities has maintained a 'Buy' rating on RBC Bearings and raised the price target, indicating a positive outlook for the stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100