Goldman Sachs reinstated the firm’s coverage of Regal Rexnord with a Buy rating and $175 price target. The firm said the crux of its call is that Regal is on the cusp of materially improving its fundamental metrics, with top quartile EPS growth potential, and the stock is inexpensive at a time when the growth profile is bottoming.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RRX:
