As previously reported, BofA downgraded RBC Bearings (RBC) to Neutral from Buy with a price target of $335, up from $330. While the firm continues to view RBC as “a quality business,” it sees little incremental upside to the existing growth outlook, the analyst tells investors. While M&A and operational improvements continue to be foundational to growth, the firm sees the space as highly competitive and questions the number of opportunities at reasonable valuations in the near-term, the analyst added.
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Read More on RBC:
- RBC Bearings downgraded to Neutral from Buy at BofA
- RBC Bearings price target raised to $347 from $315 at Truist
- RBC Bearings Reports Steady Q2 2025 Growth
- RBC Bearings reports Q2 adjusted EPS $2.29, consensus $2.30
- RBC Bearings sees Q3 revenue $390M-$400M, consensus $392.84M
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
