Jefferies initiated coverage of Regal Rexnord (RRX) with a Buy rating and $215 price target The firm sees a recovery in manufacturing sentiment, bolstered by the potential for lower interest rates, reduced corporate taxes, and deregulation. In the context of this view, the analyst says Regal Rexnord has been diversifying into “a top-tier industrial” with a clear path to 40% gross margins. Stronger underlying growth and tailwinds from delevering should drive mid-teens EPS growth through 2027, the analyst tells investors.
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