Mizuho Maintains Neutral on Rockwell Automation, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Brett Linzey maintains a Neutral rating on Rockwell Automation (NYSE:ROK) and raises the price target from $245 to $270.
October 17, 2024 | 11:55 am
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Mizuho analyst Brett Linzey maintains a Neutral rating on Rockwell Automation but raises the price target from $245 to $270.
The raised price target from $245 to $270 suggests a positive outlook on Rockwell Automation's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100