Baird raised the firm’s price target on Regal Rexnord (RRX) to $172 from $167 and keeps an Outperform rating on the shares. The firm updated its model following solid Q1 results with a strong backlog and the path forward is improving.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RRX: