B of A Securities Maintains Neutral on Rockwell Automation, Lowers Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin maintains a Neutral rating on Rockwell Automation (NYSE:ROK) and lowers the price target from $300 to $270.
August 08, 2024 | 5:03 pm
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NEGATIVE IMPACT
B of A Securities analyst Andrew Obin maintains a Neutral rating on Rockwell Automation and lowers the price target from $300 to $270.
The lowered price target from $300 to $270 by B of A Securities suggests a less optimistic outlook for Rockwell Automation, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100