Mizuho Maintains Neutral on Rockwell Automation, Lowers Price Target to $265-Report Released on 31 January 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Brett Linzey has maintained a Neutral rating on Rockwell Automation (NYSE:ROK) and lowered the price target from $300 to $265 as reported on 31 January 2024.
February 01, 2024 | 3:57 pm
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NEGATIVE IMPACT
Mizuho has maintained a Neutral rating on Rockwell Automation and reduced the price target from $300 to $265.
The reduction in price target by Mizuho suggests a less optimistic outlook on Rockwell Automation's stock value in the short term. This adjustment could lead to a negative perception among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100