Investment analysts at TD Cowen assumed coverage on shares of Ralliant (NYSE:RAL - Get Free Report) in a research report issued on Tuesday, MarketBeat Ratings reports. The brokerage set a "buy" rating and a $64.00 price target on the stock. TD Cowen's target price would suggest a potential upside of 34.43% from the stock's current price.
RAL has been the subject of several other research reports. Seaport Res Ptn upgraded shares of Ralliant to a "hold" rating in a research note on Monday. Barclays set a $60.00 price objective on shares of Ralliant and gave the company an "overweight" rating in a research report on Tuesday. Finally, Wall Street Zen upgraded shares of Ralliant to a "hold" rating in a research report on Sunday.
View Our Latest Research Report on RAL
Ralliant Stock Down 1.2%
Shares of RAL stock traded down $0.59 during mid-day trading on Tuesday, hitting $47.61. 668,861 shares of the stock were exchanged, compared to its average volume of 4,725,825. Ralliant has a 12-month low of $43.75 and a 12-month high of $55.08.
Institutional Investors Weigh In On Ralliant
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. ST Germain D J Co. Inc. acquired a new stake in shares of Ralliant during the 2nd quarter valued at approximately $27,000. CX Institutional acquired a new stake in shares of Ralliant during the 2nd quarter valued at approximately $47,000. GAMMA Investing LLC acquired a new stake in shares of Ralliant during the 2nd quarter valued at approximately $56,000. Alpha Omega Wealth Management LLC acquired a new stake in shares of Ralliant during the 2nd quarter valued at approximately $213,000. Finally, TD Private Client Wealth LLC acquired a new stake in shares of Ralliant during the 2nd quarter valued at approximately $284,000.
Ralliant Company Profile
(
Get Free Report)
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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