Citigroup Initiates Coverage On Regal Rexnord with Buy Rating, Announces Price Target of $200
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Kyle Menges has initiated coverage on Regal Rexnord with a Buy rating and set a price target of $200.
October 14, 2024 | 12:59 pm
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Citigroup has initiated coverage on Regal Rexnord with a Buy rating and a price target of $200, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target of $200 by a major financial institution like Citigroup is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100