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Wall Street Zen Downgrades RBC Bearings to Hold

RBC Bearings logoRBC Bearings
Sig1.62Sen-0.60Env0.00Soc0.00Gov0.00

RBC Bearings was downgraded by analysts to a hold rating after previously being rated buy/strong buy by other firms. Morgan Stanley lifted its price target to $640 and maintained an overweight stance, while Zacks cut the stock to hold. The company recently reported quarterly EPS of $3.88, beating the $3.42 consensus.

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