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Rockwell Automation price target raised to $450 from $435 at Barclays

Barclays raised the firm’s price target on Rockwell Automation (ROK) to $450 from $435 and keeps an Overweight rating on the shares. The firm adjusted price targets in the multi-industry group as part of its Q4 outlook. It sees a “firmer” demand outlook amid artificial intelligence order strength.

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