Zacks Investment Research upgraded shares of REXNORD CORP (RXN) from NEUTRAL to OUTPERFORM on August 26, 2013, with a target price of $21.60.
Rexnord Corporation is an industrial company comprised of two platforms: Process & Motion Control and Water Management. Its Process & Motion Control product portfolio includes gears, couplings, industrial bearings, aerospace bearings and seals, FlatTop (TM) chain, engineered chain and conveying equipment. The Water Management product portfolio includes professional grade specification drainage products, flush valves and faucet products, backflow prevention pressure release valves, PEX piping and engineered valves and gates for the water and wastewater treatment markets. The products are marketed and sold under the brand names, including Zurn(R), Wilkins(R), Rodney Hunt(R), VAG(R), GA(R) and Fontaine(R). Rexnord Corporation is based in Milwaukee, Wisconsin.
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