Seaport Global upgrades Ralliant to Buy and sets $88 price target
Seaport Global Securities raised its rating on Ralliant Corp. (RAL) from Neutral to Buy on October 14, 2026. The firm set a new price target of $88.00, citing strong first‑half sales trends and improved margin execution. It also lifted its adjusted EPS forecasts for the second half of 2026 by 3% and its 2027 outlook by 9%. The upgrade follows Ralliant’s Q2 2026 results, which showed revenue of $568 million and an adjusted EBITDA margin of 19.8%.
Why it matters
Seaport Global’s note says the $88 target implies about 21% upside from the $72.72 close, giving investors a clear upside potential. The higher EPS estimates suggest stronger earnings growth than previously expected.
Key facts
- 1Seaport Global upgraded Ralliant Corp. to Buy from Neutral on October 14, 2026. investing.com
- 2The firm set a price target of $88.00 for RALI. investing.com
- 3Seaport raised its second‑half 2026 adjusted EPS estimates by 3% and its 2027 forecasts by 9%. investing.com
- 4Ralliant reported Q2 2026 adjusted earnings of $0.68 per share, beating forecasts by $0.03. investing.com
- 5Revenue rose to $568 million, reflecting 13% organic growth year‑over‑year. investing.com
- 6Adjusted EBITDA margin improved to 19.8%, up 390 basis points from a year earlier. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.