Wells Fargo Maintains Equal-Weight on RBC Bearings, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Seth Weber has maintained an Equal-Weight rating on RBC Bearings (NYSE:RBC) and increased the price target from $235 to $240.
November 13, 2023 | 2:51 pm
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Wells Fargo analyst Seth Weber maintains an Equal-Weight rating on RBC Bearings and raises the price target from $235 to $240.
The increase in price target by Wells Fargo suggests a positive outlook on RBC Bearings' stock, which could lead to a short-term increase in its stock price. However, since the rating remains at Equal-Weight, the impact may be moderate rather than significant.
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