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Citigroup and KeyCorp lower price targets for Regal Rexnord, but stock still suggests potential upside.
Citigroup and KeyCorp have lowered their price targets for Regal Rexnord (RRX) to $110 and $125, respectively, though both maintain positive ratings.
Despite a Q4 earnings miss, Regal Rexnord, which makes industrial powertrain solutions, has a consensus "Moderate Buy" rating with a target price of $170.75.
The stock currently trades at $107.09, suggesting potential upside ranging from 2.72% to 16.72%.
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Citigroup y KeyCorp objetivos de precios más bajos para Regal Rexnord, pero las acciones todavía sugieren potencial alcista.