Keybanc Initiates Coverage On Rockwell Automation with Sector Weight Rating
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Ken Newman has initiated coverage on Rockwell Automation (NYSE:ROK) with a Sector Weight rating.

October 03, 2023 | 9:13 am
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Rockwell Automation (NYSE:ROK) has been initiated with a Sector Weight rating by Keybanc analyst Ken Newman.
The initiation of coverage by Keybanc with a Sector Weight rating suggests that the analyst believes Rockwell Automation's stock is expected to perform in line with the average return of the sector. This could potentially attract investors looking for stable returns, but it may not significantly move the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100