Truist analyst Michael Ciarmoli raised the firm’s price target on RBC Bearings (RBC) to $455 from $431 and keeps a Buy rating on the shares. The firm is updating its model after the company’s closed VACCO deal, assuming that its gross margins will expand by 1000bps over the next 36 months, the analyst tells investors in a research note. RBC’s consolidated gross margins should also show y/y expansion in FY26 and FY27, the firm added.
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