ET 03:06

StockStory favors RBC Bearings, rejects Sabre and Artisan Partners despite bearish Wall Street targets

IMP2.5
SNT+0.3
CONF35%
Narrative

StockStory said RBC Bearings (NYSE:RBC) merits a second look while maintaining negative views on Sabre (NASDAQ:SABR) and Artisan Partners (NYSE:APAM), citing Wall Street price targets that imply limited or negative upside for all three stocks. Sabre, a travel technology provider, traded at $2.07, above its consensus price target of $1.94, implying a 6.2% downside. The stock was valued at 7.1 times forward EV-to-EBITDA. Artisan Partners traded at $38.03, slightly above its $37.75 consensus target, implying a 0.7% downside. The investment manager was valued at 9.8 times forward earnings. RBC Bearings traded at $605.97, above its $598.71 target, implying a 1.2% downside, but StockStory said it remained bullish on the aerospace, defense and industrial components maker despite its 45.1 times forward earnings multiple.

EditorThomas Ho