Baird lowered the firm’s price target on Regal Rexnord (RRX) to $208 from $223 and keeps an Outperform rating on the shares. The firm said they missed 3Q operationally and 2024 guidance was reset lower due to incremental revenue pressure.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RRX:
Questions or Comments about the article? Write to editor@tipranks.com