Truist Securities Maintains Buy on RBC Bearings, Raises Price Target to $328
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on RBC Bearings and raised the price target from $309 to $328, indicating confidence in the company's future performance.
May 21, 2024 | 12:06 pm
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Truist Securities has maintained its Buy rating on RBC Bearings and raised the price target from $309 to $328, indicating confidence in the company's future performance.
The raised price target from $309 to $328 by Truist Securities suggests a positive outlook for RBC Bearings. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100