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Regal Rexnord price target raised to $180 from $125 at KeyBanc

KeyBanc analyst Jeffrey Hammond raised the firm’s price target on Regal Rexnord (RRX) to $180 from $125 and keeps an Overweight rating on the shares. The price target increase reflects the firm’s greater confidence in the stability of end markets and the EPS growth story, the analyst tells investors in a research note.

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