Wells Fargo Maintains Underweight on Rockwell Automation, Raises Price Target to $290
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Joe O'Dea maintains an Underweight rating on Rockwell Automation (NYSE:ROK) and raises the price target from $260 to $290.
July 10, 2023 | 3:53 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Wells Fargo maintains an Underweight rating on Rockwell Automation and raises the price target from $260 to $290.
The news is directly about Rockwell Automation. While the Underweight rating suggests that the stock might underperform, the raised price target indicates a positive outlook. The net impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100