Morgan Stanley Initiates Coverage On Rockwell Automation with Overweight Rating, Announces Price Target of $320
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Rockwell Automation with an Overweight rating and set a price target of $320.
September 06, 2024 | 1:26 pm
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Morgan Stanley has initiated coverage on Rockwell Automation with an Overweight rating and a price target of $320, indicating a positive outlook.
The Overweight rating and a price target of $320 from a reputable firm like Morgan Stanley suggest a positive sentiment towards Rockwell Automation, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100