Keybanc Maintains Overweight on Regal Rexnord, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jeffrey Hammond maintains an Overweight rating on Regal Rexnord (NYSE:RRX) but lowers the price target from $210 to $190.
July 15, 2024 | 10:55 am
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NEUTRAL IMPACT
Keybanc analyst Jeffrey Hammond maintains an Overweight rating on Regal Rexnord but lowers the price target from $210 to $190.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100