B. Riley raised its price target on Rogers Corporation to $200 from $165 while maintaining a Buy rating, citing strong operational execution and confidence in management's strategy to reaccelerate revenue growth following the company's annual investor conference. The firm noted Rogers has demonstrated meaningful progress in strengthening its business, increasing conviction that the company can deliver substantial earnings expansion through improved execution, innovation, and exposure to attractive end markets. Earlier, on May 19, Rogers appointed Ali El-Haj as President and CEO, with the board highlighting his success in improving operational execution and sharpening the organization's focus on innovation initiatives during his interim tenure.
Rogers CorporationB. Riley raised price target to $200 from $165 with Buy rating on growth confidence
Rogers Communications Inc
BRC Group Holdings, Inc.