Evercore ISI initiated coverage of Ralliant (RAL) with an In Line rating and $52 price target While the firm sees “potential for sizable upside for the stock,” it needs to see a path to revenue growth in aggregate and says its rating reflects secular end-market growth trends and “shareholder friendly capital allocation,” offset by declines in the Test & Measurement segment.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RAL: