Morgan Stanley Maintains Overweight on RBC Bearings, Raises Price Target to $294
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kristine Liwag maintains an Overweight rating on RBC Bearings (NYSE:RBC) and raises the price target from $286 to $294.
August 09, 2023 | 2:22 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on RBC Bearings and raises the price target from $286 to $294, which could lead to a positive market reaction.
The raised price target by Morgan Stanley indicates a positive outlook for RBC Bearings. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100