Barclays lowered the firm’s price target on Ralliant (RAL) to $59 from $60 and keeps an Overweight rating on the shares following Q2 earnings. The firm says the quarter and the outlook confirmed that the cyclical sales inflection is imminent. Barclays has moved its revenue estimates up slightly, while arguing that valuation looks very low given the sales/earnings trough.
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:
- Ralliant Corporation Reports Q2 2025 Financial Results
- Buy Rating for Ralliant Corporation Supported by Cost Adjustments and T&M Segment Recovery
- Sixteen new option listings on July 23rd
- Melius downgrades Fortive to Hold post breakup
- Melius starts Ralliant at Hold with return to growth seen later this year