REZI is in the 9th phase of its Adhishthana cycle. Stock has broken out of the Adhishthana Cakra, indicating bullish trends. Since entering Phase 9, REZI has rallied approximately 119%. Morgan Stanley raised its target price, maintaining a bullish outlook. Further upside potential is expected until mid-Phase 10.
Resideo is spinning off its ADI Global Distribution business. Separation aims to enhance strategic focus and unlock shareholder value. P&S segment maintains strong performance; ADI generates 62.1% of Resideo's revenue. Resideo's spin-off is expected to free up cash flow and improve investment. New leadership will guide both Resideo and ADI post-separation.