Goldman Sachs Maintains Buy on RBC Bearings, Raises Price Target to $256
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie has reaffirmed a Buy rating on RBC Bearings (NYSE:RBC) and increased the price target from $229 to $256.
December 14, 2023 | 2:01 pm
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POSITIVE IMPACT
Goldman Sachs analyst Joe Ritchie maintains a Buy rating on RBC Bearings and raises the price target to $256.
The increase in price target by Goldman Sachs reflects a positive outlook on RBC Bearings, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100