BofA upgraded Rockwell Automation (ROK) to Buy from Neutral with a price target of $410, up from $360. Rockwell is beginning to see the impact of its turnaround strategy, and while large projects are delayed amid trade deal uncertainty, BofA expects trade deals to be signed before the end of the year, accelerating organic growth in 2026 and 2027, the analyst tells investors in a research note.
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Read More on ROK:
- Rockwell Automation upgraded to Buy from Neutral at BofA
- Rockwell Automation price target raised to $392 from $371 at Citi
- Rockwell Automation price target raised to $370 from $350 at Barclays
- Rockwell Automation initiated with an Outperform at CICC
- Rockwell Automation price target raised to $360 from $330 at BofA