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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Citi Raises Regal Rexnord (RRX) PT to $165, Keeps a Buy Rating

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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82% Informative

Regal Rexnord Corporation ( NYSE : RRX ) delivered gains in adjusted gross margin and grew free cash flow by 32% .

The company’s strong financials support the optimistic outlook, as it reported diluted EPS of $ 0.86 in fiscal Q1 2025 .

Citi analyst Kyle Menges maintained a Buy rating on June 23 , and raised the price target to $ 165 from $ 145 .

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