Fly News Breaks for July 12, 2019
News For RXN From the Last 2 Days
Aug 15, 2019 | 07:11 EDT
Deutsche Bank analyst Nicole DeBlase last night initiated coverage of Rexnord with a Hold rating and $29 price target. The analyst sees downside risk to consensus estimates given the company's "heavy reliance" on capex and U.S. non-residential construction trends, "areas where trends continue to deteriorate."