Ralliant (NYSE:RAL) Coverage Initiated by Analysts at Morgan Stanley

Key Points

• Morgan Stanley has initiated coverage on Ralliant (NYSE:RAL) with an "overweight" rating and a price target of $55.00, suggesting a potential upside of 31.08% from its current price.
• Ralliant reported earnings per share of $0.67, exceeding analysts' expectations of $0.60, although its revenue of $503.30 million fell short of estimates.
• Various hedge funds have recently acquired new stakes in Ralliant, indicating increasing institutional interest in the stock during the second quarter.

Morgan Stanley assumed coverage on shares of Ralliant (NYSE:RAL - Get Free Report) in a report issued on Tuesday,Benzinga reports. The brokerage set an "overweight" rating and a $55.00 price target on the stock. Morgan Stanley's price objective indicates a potential upside of 31.08% from the stock's current price.

A number of other equities research analysts have also recently weighed in on RAL. Royal Bank Of Canada upgraded Ralliant to a "hold" rating in a report on Tuesday, August 19th. Barclays lowered their price target on Ralliant from $60.00 to $59.00 and set an "overweight" rating on the stock in a report on Wednesday, August 13th. Evercore ISI initiated coverage on Ralliant in a report on Friday, July 18th. They set an "in-line" rating and a $52.00 target price on the stock. Citigroup initiated coverage on Ralliant in a report on Monday, July 21st. They set a "neutral" rating and a $53.00 target price on the stock. Finally, TD Cowen initiated coverage on Ralliant in a report on Tuesday, July 15th. They set a "buy" rating and a $64.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $55.14.

Ralliant Stock Down 1.7%

RAL opened at $41.96 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.59 and a quick ratio of 1.03. Ralliant has a 1-year low of $40.97 and a 1-year high of $55.08.

Ralliant (NYSE:RAL - Get Free Report) last released its quarterly earnings results on Monday, August 11th. The company reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.07. The firm had revenue of $503.30 million during the quarter, compared to analyst estimates of $509.90 million. Ralliant has set its Q3 2025 guidance at 0.540-0.600 EPS.

Institutional Investors Weigh In On Ralliant

Several hedge funds have recently made changes to their positions in RAL. ST Germain D J Co. Inc. acquired a new stake in shares of Ralliant during the second quarter worth $27,000. Manchester Capital Management LLC acquired a new stake in shares of Ralliant during the second quarter worth $29,000. Evermay Wealth Management LLC acquired a new stake in shares of Ralliant during the second quarter worth $32,000. SouthState Corp acquired a new stake in shares of Ralliant during the second quarter worth $35,000. Finally, Nomura Asset Management Co. Ltd. acquired a new stake in shares of Ralliant during the second quarter worth $38,000.

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.

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