Goldman Sachs analyst Joe Ritchie upgraded Rockwell Automation (ROK) to Neutral from Sell with a price target of $448, up from $329. Under new management, the company is in the early stages of structurally improving pricing, which could provide significant operating leverage going forward, the analyst tells investors in a research note. Goldman also believes there is upside to Rockwell’s pricing in fiscal 2026 as tariffs should be a greater contributor than last year and internal changes should support higher pricing across the portfolio.
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