KeyBanc lowered the firm’s price target on Regal Rexnord (RRX) to $170 from $180 and keeps an Overweight rating on the shares. Within the context of the firm’s Overweight rating around the attractive portfolio transformation and deleveraging catalyst, KeyBanc sees near-term risk into Q3 2025 earnings around softer trends in PES and AMC. While the firm acknowledges Regal Rexnord’s apparent conservatism in PES following recent challenges and easier compares vs. most industry peers, KeyBanc feels upside is less likely to materialize in PES given the well-documented softening in R-HVAC.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RRX:
- 2 ‘Perfect 10’ Stocks Earning Top Marks from JPMorgan
- Regal Rexnord price target lowered to $161 from $163 at Barclays
- 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