Baird analyst Richard Eastman raised the firm’s price target on Rockwell Automation (ROK) to $305 from $290 and keeps an Outperform rating on the shares. The firm said its Investor Day presentations reinforced their view the company is very well positioned to capture manufacturer investments to drive higher productivity, resiliency and quality.
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Read More on ROK:
- Rockwell Automation price target raised to $260 from $250 at Loop Capital
- Rockwell Automation, Microsoft announce expanded strategic collaboration
- Rockwell Automation price target raised to $335 from $320 at Morgan Stanley
- Rockwell Automation assumed with Neutral from Buy at UBS
- Rockwell Automation initiated with an Outperform at Exane BNP Paribas
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