Morgan Stanley Maintains Overweight on Rockwell Automation, Raises Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Pokrzywinski has maintained an Overweight rating on Rockwell Automation (NYSE:ROK) and raised the price target from $335 to $340.
July 12, 2023 | 1:39 pm
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Rockwell Automation's price target has been raised by Morgan Stanley from $335 to $340, maintaining an Overweight rating.
The raised price target and maintained Overweight rating by Morgan Stanley indicates a positive outlook for Rockwell Automation. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100