Assessing Rockwell Automation: Insights From 10 Financial Analysts
Portfolio Pulse from Benzinga Insights
Rockwell Automation (NYSE:ROK) has received mixed ratings from 10 analysts over the past three months, with a recent trend towards more bearish sentiments. The average 12-month price target has declined by 2.14% to $283.3. Analysts have adjusted their ratings and price targets, reflecting a cautious outlook on the company's performance.
June 04, 2024 | 4:00 pm
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Rockwell Automation has received mixed ratings from analysts, with a recent trend towards more bearish sentiments. The average 12-month price target has declined by 2.14% to $283.3, indicating a cautious outlook on the company's performance.
The recent trend in analyst ratings shows a shift towards more bearish sentiments, with several analysts lowering their price targets. This indicates a cautious outlook on Rockwell Automation's performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100