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NN (NASDAQ:NNBR) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Tuesday. They currently have a $28.50 target price on the stock. Zacks‘s price target indicates a potential upside of 12.16% from the company’s current price.

NNBR has been the subject of a number of other recent research reports. Analysts at KeyCorp reiterated a “buy” rating on shares of NN in a research note on Tuesday, May 20th. They now have a $28.00 price target on the stock, up previously from $24.00. Analysts at Singular Research raised their price target on shares of NN from $24.00 to $27.00 in a research note on Monday, May 12th. They now have a “buy” rating on the stock.

Shares of NN (NASDAQ:NNBR) traded down 0.71% on Tuesday, hitting $25.23. The stock had a trading volume of 92,602 shares. NN has a 1-year low of $11.64 and a 1-year high of $26.45. The stock’s 50-day moving average is $24.99 and its 200-day moving average is $20.99. The company has a market cap of $447.8 million and a price-to-earnings ratio of 22.69.

NN (NASDAQ:NNBR) last announced its earnings results on Tuesday, May 6th. The company reported $0.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.29 by $0.02. The company had revenue of $102.53 million for the quarter, compared to the consensus estimate of $101.30 million. During the same quarter last year, the company posted $0.21 earnings per share. NN’s revenue was up 9.3% compared to the same quarter last year. On average, analysts predict that NN will post $1.39 earnings per share for the current fiscal year.

NN, Inc (NASDAQ:NNBR) is a manufacturer of precision balls, cylindrical and tapered rollers, bearing retainers, plastic injection molded products, precision bearing seals and precision metal components.

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