Barclays lowered the firm’s price target on Rockwell Automation (ROK) to $260 from $280 and keeps an Equal Weight rating on the shares. The firm says short cycle industrial stocks “are starting to look more attractive” verses defensives, but adds that demand visibility is “very low.
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- Rockwell Automation price target lowered to $280 from $285 at Barclays
- Rockwell Automation price target lowered to $285 from $300 at Barclays