Evercore ISI Begins Coverage on Ralliant (RAL) with In Line Rating | RAL Stock News

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2 days ago

Evercore ISI has started its coverage of Ralliant (RAL, Financial) by assigning an In Line rating and setting a price target of $52. Although the firm recognizes the potential for significant gains in Ralliant's stock, it emphasizes the necessity of a clear trajectory for overall revenue expansion. This rating takes into account ongoing growth trends in key markets as well as a strategy that favors shareholder returns. However, these positive factors are somewhat balanced by challenges in the Test & Measurement segment.

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