Oppenheimer starts coverage on Ralliant Corp with 'outperform'

Oppenheimer starts coverage of Ralliant, RAL.N, rating the makers of precision tech "outperform", seeing an investment opportunity in the recently spun-off firm

Broker says Ralliant's larger and higher-margin Sensors and Safety Systems business offers an attractive play on grid hardening, higher power needs, and larger aerospace and defense budgets

It expects the company's Test and Measurement unit to return to Y/Y growth in 2026, as end-markets recover

Oppenheimer sets a TP at $55 per share, compared to a share price of $42.26 as of Tuesday's end