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Rockwell Automation price target raised to $460 from $440 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Rockwell Automation (ROK) to $460 from $440 and keeps an Overweight rating on the shares post the earnings report. The firm is seeing signs of cycle momentum into 2026 for Rockwell. It believes the company’s model is positioned for positive estimate revisions amid a “strong thematic backdrop.”

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