BUZZ-Jefferies downgrades Regal Rexnord rating, cuts PT
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Jefferies downgraded Regal Rexnord's rating from "buy" to "hold" and cut its price target to $160, citing prolonged transformation and CEO-transition uncertainty. Despite positive demand recovery and deleveraging, margin uncertainty may persist due to rare earth shortages and tariffs. Cost synergies and new data center wins could offset pressures. The stock has fallen 4% YTD, with a median price target of $177.50 from 13 brokerages.
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