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Analysts Offer Insights on Industrial Goods Companies: Equifax (EFX) and Regal Rexnord (RRX)

Tipranks - Fri Apr 24, 5:46AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Equifax (EFX) and Regal Rexnord (RRX).

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Equifax (EFX)

In a report released today, Manav Patnaik from Barclays maintained a Hold rating on Equifax, with a price target of $215.00. The company’s shares closed last Wednesday at $178.66.

According to TipRanks.com, Patnaik is a 4-star analyst with an average return of 4.6% and a 55.3% success rate. Patnaik covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Vestis Corporation, and Mcgrath Rentcorp. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Equifax with a $229.00 average price target, a 18.2% upside from current levels. In a report issued on April 21, Goldman Sachs also maintained a Hold rating on the stock with a $200.00 price target.

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Regal Rexnord (RRX)

Barclays analyst Julian Mitchell maintained a Buy rating on Regal Rexnord today and set a price target of $245.00. The company’s shares closed last Wednesday at $211.14.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 16.4% and a 64.9% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

Currently, the analyst consensus on Regal Rexnord is a Strong Buy with an average price target of $239.71, implying a 12.7% upside from current levels. In a report issued on April 8, TipRanks – PerPlexity also upgraded the stock to Buy with a $208.00 price target.

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