JP Morgan Maintains Underweight on Rockwell Automation, Lowers Price Target to $227
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains an Underweight rating on Rockwell Automation (NYSE:ROK) and lowers the price target from $245 to $227.
August 12, 2024 | 2:41 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan analyst Stephen Tusa maintains an Underweight rating on Rockwell Automation and lowers the price target from $245 to $227.
The lowered price target and maintained Underweight rating by JP Morgan suggest a bearish outlook on Rockwell Automation, likely leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100