[ccpw id="5"]

Home.forex news reportWall Street Is Growing Increasingly Confident in Ralliant Corp. (RAL). Here’s Why

Wall Street Is Growing Increasingly Confident in Ralliant Corp. (RAL). Here’s Why

-


Ralliant Corp. (NYSE:RAL) is among the spin-off companies in 2025. On June 28, 2025, Fortive Corp. (NYSE:FTV) completed the spin-off of Ralliant, transferring its Precision Technologies business through a pro rata distribution of shares to Fortive shareholders. Ralliant started trading on the NYSE on June 30.

The company witnessed several positive analyst moves in December. The latest of those came from Ian Zaffino, an analyst at Oppenheimer, who reiterated his bullish stance on the company with an Outperform rating on December 15, according to The Fly. The analyst also raised his price target on the stock from $55 to $60.

Zaffino’s optimistic view was supported by management’s robust long-term growth outlook and its execution as an independent company, as evidenced by strong Q3 results.

Monkey Business Images/Shutterstock.com

Before Zaffino’s update, Truist analyst Kevin Wilson initiated coverage of Ralliant Corp. (NYSE:RAL) on December 12, assigning a Buy rating and a $62 price target, citing its “stronghold positions in attractive growth markets.” He believed that the company benefits from its exposure to markets such as electrification & digitization, grid modernization, and defense technology, which, along with a portfolio of high-margin businesses, position it as a “compelling combination.”

Earlier, on December 8, an analyst at Citi upgraded the stock from Neutral to Buy and raised his price target from $53 to $61, citing a “relatively undemanding” valuation.

Ralliant Corp. (NYSE:RAL) is a technology company that designs, develops, manufactures, and services precision instruments and highly engineered products.

While we acknowledge the potential of RAL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT:  Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 11 Best Stocks You’ll Wish You Bought Sooner.

Disclosure: None. This article is originally published at Insider Monkey.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

UBS Turns More Constructive on American Airlines (AAL) as Corporate Travel Recovers

American Airlines Group Inc. (NASDAQ:AAL) is included among the 10 Cash-Rich Stocks to Buy Now. ...

Bank of America (BAC) Estimates Refreshed After Keefe Bruyette Review

Bank of America Corporation (NYSE:BAC) is included among the 10 Cash-Rich Stocks to Buy Now. ...

Plug Power Stock Underperformed in 2025. Will 2026 Be Different?

Plug Power (PLUG) stock has been a major disappointment for investors since early October, but there’s reason to assume that 2026...

Micron Stock Stole the Show in 2025. Options Data Says It Will Trade at These Levels in 2026.

Nvidia (NVDA) has successfully positioned itself as the global face of artificial intelligence (AI). Still, a different large-cap AI stock actually...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img