Truist analyst Kevin Wilson initiated coverage of Ralliant (RAL) with a Buy rating and $62 price target The company has “stronghold positions in attractive growth markets,” the analyst tells investors in a research note. The firm says Ralliant offers a “compelling combination” of cyclical high-margin businesses and a portfolio positioned for profitable growth tied to electrification and digitization, grid modernization, and defense technology. It believes the stock can re-rate closer to peers.
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