RBC Bearings Upgraded to "Outperform"

Analysts at Robert W Baird upgrade RBC Bearings Incorporated (ticker: ROLL) from "neutral" to "outperform." The target price is set to $39.

In a research note published on Nov.19th, 2007 the analysts mention that the company is well positioned to continue to benefit from strengthening demand from the aerospace cycle.

There is high visibility into RBC Bearings’ revenues over the forthcoming quarters due to substantial customer backlogs, the analysts say. The company faces significant growth opportunities in the after-market and core industrial end markets, Robert W Baird adds.

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