Barclays analyst Julian Mitchell raised the firm’s price target on Rockwell Automation (ROK) to $370 from $357 and keeps an Overweight rating on the shares. The firm views the stock’s risk/reward as favorable heading into the second half of the year.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 $355 from $340 at Baird
- Trade Desk downgraded, Instacart upgraded: Wall Street’s top analyst calls
- Rockwell Automation downgraded to Equal Weight from Overweight at Wells Fargo
- Rockwell Automation price target lowered to $363 from $371 at Oppenheimer
- Rockwell Automation price target raised to $380 from $370 at KeyBanc