Barrington Research Reiterates Regal-Beloit $80 PT, Outperform

Barrington Research reiterated its Regal-Beloit

Outperform rating and $80 price target in a research report published today. In the report, Barrington Research states, "We reiterate our OUTPERFORM rating following RBC's Q4/11 earnings release and conference call. We continue to believe that RBC is an attractive investment due to the low valuation, quality of the company management and business strategy." Shares of Regal-Beloit were trading at $66.24 at the time of posting, up 7.32% from Monday's market close.