Baird raised the firm’s price target on Regal Rexnord (RRX) to $253 from $212 and keeps an Outperform rating on the shares. The firm updated its model following its contructive update suggesting plenty of upside ahead.
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Read More on RRX:
- Regal Rexnord price target raised to $225 from $180 at Oppenheimer
- Regal Rexnord price target raised to $230 from $190 at JPMorgan
- Regal Rexnord’s Earnings Call: Backlog Surges, Risks Linger
- Regal Rexnord price target raised to $200 from $175 at KeyBanc
- Regal Rexnord reports Q4 adjusted EPS $2.51, consensus $2.48
