Citigroup Maintains Buy on Rockwell Automation, Raises Price Target to $375
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Andrew Kaplowitz maintains a Buy rating on Rockwell Automation (NYSE:ROK) and raises the price target from $334 to $375.
July 11, 2023 | 2:44 pm
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Citigroup maintains a Buy rating on Rockwell Automation and raises the price target from $334 to $375, which could lead to an increase in the stock's price.
The raised price target by Citigroup indicates a positive outlook for Rockwell Automation. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100