Oppenheimer Maintains Outperform on Rockwell Automation, Lowers Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Noah Kaye maintains an Outperform rating on Rockwell Automation (NYSE:ROK) but lowers the price target from $295 to $270.
August 08, 2024 | 12:20 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Oppenheimer analyst Noah Kaye maintains an Outperform rating on Rockwell Automation but lowers the price target from $295 to $270.
The Outperform rating suggests continued confidence in Rockwell Automation's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100