BofA upgraded RBC Bearings (RBC) to Buy from Neutral with a price target of $500, up from $390. The firm sees stabilizing production rates at Boeing and Airbus, along with continued aftermarket growth, driving growth in RBC’s commercial aerospace and defense end markets. BofA now believes the growth will sustain with the One Big Beautiful Bill incentivizing spending across end markets. It cites increased earnings estimates for the upgrade of RBC Bearings.
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