Goldman Sachs Maintains Sell on Rockwell Automation, Raises Price Target to $320
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Joe Ritchie maintains a 'Sell' rating on Rockwell Automation (NYSE:ROK) and raises the price target from $290 to $320.
July 10, 2023 | 2:36 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a 'Sell' rating on Rockwell Automation and raises the price target to $320.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for Rockwell Automation. However, the increase in price target from $290 to $320 suggests that the analyst sees some upside potential, but overall, the sentiment remains negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100