RBC Bearings price target raised to $390 from $360 at Morgan Stanley

Morgan Stanley raised the firm’s price target on RBC Bearings (RBC) to $390 from $360 and keeps an Overweight rating on the shares. Management execution “remains strong” as gross margins expanded about 200 basis points year-over-year, says the analyst, who adds that the organic growth pipeline remains strong for FY26 and continues to view RBC Bearings as “a high-quality industrials compounder with attractive growth and margin expansion potential.”