Keybanc Maintains Overweight on Regal Rexnord, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jeffrey Hammond has maintained an Overweight rating on Regal Rexnord (NYSE:RRX) and increased the price target from $180 to $210.
March 25, 2024 | 8:34 am
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POSITIVE IMPACT
Regal Rexnord's price target has been raised from $180 to $210 by Keybanc, maintaining an Overweight rating.
The increase in price target by a reputable analyst like Jeffrey Hammond suggests a strong confidence in Regal Rexnord's future performance. This positive outlook is likely to influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100