Regal Rexnord price target raised to $210 from $185 at Seaport Research

Seaport Research raised the firm’s price target on Regal Rexnord (RRX) to $210 from $185 and keeps a Buy rating on the shares. The stock is outperforming other diversified industrials due to the company’s transformation into a high quality diversified industrial company, the analyst tells investors. Looking into 2025, the firm believes Trump’s win should be a positive for the company’s general industrial and discrete automation sales.