B of A Securities Maintains Neutral on Rockwell Automation, Raises Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Rockwell Automation while raising its price target from $270 to $285.
October 17, 2024 | 2:03 pm
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B of A Securities has maintained a Neutral rating on Rockwell Automation, but increased the price target from $270 to $285, indicating a positive outlook.
The increase in price target from $270 to $285 suggests a positive outlook for Rockwell Automation, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may view the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100