Oppenheimer analyst Christopher Glynn raised the firm’s price target on Regal Rexnord to $185 from $175 and keeps an Outperform rating on the shares. Regal Rexnord delivered approximately in-line results, with the midpoint of adjusted 2024 EPS guidance slightly below consensus, the analyst tells investors in a research note.
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Read More on RRX:
- Regal Rexnord Q4 Financial Results Conference Call Announcement
- Regal Rexnord sees FY24 adjusted EPS $9.75-$10.55, consensus $10.42
- REGAL REXNORD REPORTS FOURTH QUARTER 2023 FINANCIAL RESULTS, CAPPING OFF A YEAR OF RECORD ANNUAL ADJUSTED FREE CASH FLOW AND SIGNIFICANT PORTFOLIO TRANSFORMATION
- Regal Rexnord reports Q4 adjusted EPS $2.28, consensus $2.24
- RRX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
