Loop Capital raised the firm’s price target on Rockwell Automation (ROK) to $370 from $320 and keeps a Hold rating on the shares after its Q4 earnings beat. The company’s initial FY26 guidance also sets a highly achievable bar as ongoing ARR growth, pricing tailwinds, and the execution of previously delayed customer projects should support sales growth at the midpoint of the guide or better, the analyst tells investors in a research note. Rockwell Automation appears well-positioned heading into 2026 as customer focus on efficiency supports brownfield projects, the firm added.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROK:
- Rockwell Automation price target raised to $400 from $357 at JPMorgan
- Rockwell Automation price target raised to $435 from $385 at Morgan Stanley
- Rockwell Automation: Positioned for Growth Amid U.S. Manufacturing Upcycle and Strong Performance Indicators
- Rockwell Automation price target raised to $380 from $325 at Mizuho
- Rockwell Automation price target raised to $391 from $365 at Oppenheimer