Ralliant (NYSE:RAL) Coverage Initiated by Analysts at Evercore ISI

Evercore ISI started coverage on shares of Ralliant (NYSE:RAL - Free Report) in a research report released on Friday, Marketbeat reports. The firm issued an in-line rating and a $52.00 target price on the stock.

Other equities research analysts also recently issued reports about the stock. Seaport Res Ptn raised shares of Ralliant to a "hold" rating in a research note on Monday, July 14th. TD Cowen began coverage on shares of Ralliant in a research note on Tuesday, July 15th. They issued a "buy" rating and a $64.00 price target on the stock. Barclays set a $60.00 price target on shares of Ralliant and gave the company an "overweight" rating in a research note on Tuesday, July 15th. Finally, Wall Street Zen raised shares of Ralliant to a "hold" rating in a research note on Sunday, July 13th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Ralliant has an average rating of "Hold" and a consensus price target of $57.25.

Ralliant Stock Performance

Ralliant stock traded down $0.02 during midday trading on Friday, hitting $46.62. 1,198,169 shares of the stock were exchanged, compared to its average volume of 4,671,351. Ralliant has a fifty-two week low of $43.75 and a fifty-two week high of $55.08.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Liberty Capital Management Inc. purchased a new position in Ralliant in the second quarter worth approximately $520,000. Brown Shipley& Co Ltd purchased a new position in Ralliant in the second quarter worth approximately $259,000. Dogwood Wealth Management LLC purchased a new stake in shares of Ralliant during the 2nd quarter worth approximately $87,000. ORG Partners LLC purchased a new stake in shares of Ralliant during the 2nd quarter worth approximately $70,000. Finally, CX Institutional purchased a new stake in shares of Ralliant during the 2nd quarter worth approximately $47,000.

About Ralliant

Ralliant Corporation is a provider of precision technologies which specializes in designing, developing, manufacturing and servicing precision instruments and engineered products. Ralliant Corporation is based in RALEIGH, N.C.