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Oppenheimer Initiates Coverage on Ralliant (RAL) with an Outperform Rating, $55 PT
Yahoo Finance· 2025-09-14 13:02
Ralliant Corporation (NYSE:RAL) is one of the best IPO tech stocks to buy now. On September 10, Oppenheimer initiated coverage of Ralliant with an Outperform rating and $55 price target. The firm believes that the company’s Sensors and Safety Systems business offers an attractive play on grid hardening, higher power needs, and larger aerospace and defense budgets. In Q2 2025, Ralliant reported revenue of $503 million, which was a 6% decrease year-over-year, but a 4% increase sequentially. The company’s ad ...