Wells Fargo Maintains Overweight on Rockwell Automation, Lowers Price Target to $293
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Overweight rating on Rockwell Automation (NYSE:ROK) but lowers the price target from $305 to $293.
August 08, 2024 | 1:13 pm
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Wells Fargo analyst Joseph O'Dea maintains an Overweight rating on Rockwell Automation but lowers the price target from $305 to $293.
The Overweight rating suggests a positive outlook, 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