Ralliant (NYSE:RAL - Get Free Report) was upgraded by research analysts at Melius Research to a "hold" rating in a note issued to investors on Tuesday,Zacks.com reports.
RAL has been the topic of a number of other reports. Evercore ISI assumed coverage on shares of Ralliant in a research note on Friday, July 18th. They issued an "in-line" rating and a $52.00 target price on the stock. Barclays set a $60.00 target price on shares of Ralliant and gave the company an "overweight" rating in a report on Tuesday, July 15th. Wall Street Zen upgraded shares of Ralliant to a "hold" rating in a report on Sunday, July 13th. Melius initiated coverage on shares of Ralliant in a research note on Tuesday. They issued a "hold" rating and a $56.00 price target for the company. Finally, Citigroup initiated coverage on shares of Ralliant in a research note on Monday. They issued a "neutral" rating and a $53.00 price target for the company. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $57.00.
View Our Latest Research Report on Ralliant
Ralliant Stock Performance
Shares of RAL opened at $46.73 on Tuesday. Ralliant has a fifty-two week low of $43.75 and a fifty-two week high of $55.08.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of RAL. ST Germain D J Co. Inc. purchased a new stake in shares of Ralliant in the 2nd quarter valued at approximately $27,000. CX Institutional acquired a new position in Ralliant in the 2nd quarter valued at approximately $47,000. GAMMA Investing LLC acquired a new position in Ralliant in the 2nd quarter valued at approximately $56,000. ORG Partners LLC acquired a new position in shares of Ralliant during the 2nd quarter worth $70,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new position in shares of Ralliant during the 2nd quarter worth $74,000.
Ralliant Company Profile
(
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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.
Further Reading
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