Wells Fargo analyst Joseph O’Dea lowered the firm’s price target on Rockwell Automation to $312 from $320 and keeps an Overweight rating on the shares. The firm says it is buckling up for a wild S&C ride through the second half of 2024. Wells is also sticking with $13 adjusted EPS in 2025, in what it expects to be a return to more normal seasonality and smoother operating performance.
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