Barclays lowered the firm’s price target on Regal Rexnord (RRX) to $161 from $163 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry sector. Its base case is for down year-over-year sales in fiscal Q1 of 2026, with flattish sales overall in 2026. Barclays does not think the current “confluence of headwinds” should be capitalized, especially given high valuations in the group.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RRX:
- Broadcom initiated, Beyond Meat downgraded: Wall Street’s top analyst calls
- Regal Rexnord’s Strategic Transformation and Growth Potential Justifies Buy Rating
- Regal Rexnord initiated with an Overweight at JPMorgan
- Cooperman’s Omega bought Atlas Energy and ArriVent in Q2
- 2 Stocks That Nail a ‘Perfect 10’; Analysts Say ‘Buy’