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TD Cowen Sticks to Their Buy Rating for Ralliant Corporation (RAL)

Tipranks - Tipranks - Tue Feb 10, 11:46AM CST

TD Cowen analyst Joseph C Giordano maintained a Buy rating on Ralliant Corporation today and set a price target of $55.00.

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C Giordano covers the Industrials sector, focusing on stocks such as IDEX, Ametek, and Mueller Water Products. According to TipRanks, C Giordano has an average return of 11.9% and a 63.05% success rate on recommended stocks.

In addition to TD Cowen, Ralliant Corporation also received a Buy from Barclays’s Julian Mitchell in a report issued today. However, on February 7, TipRanks – xAI downgraded Ralliant Corporation (NYSE: RAL) to a Hold.

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Based on Ralliant Corporation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $554.6 million and a GAAP net loss of $1.39 billion. In comparison, last year the company earned a revenue of $548.1 million and had a net profit of $31.1 million

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