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Analysts Offer Insights on Industrial Goods Companies: Rockwell Automation (ROK) and Nextier Oilfield Solutions (NEX)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Rockwell Automation (ROKResearch Report) and Nextier Oilfield Solutions (NEXResearch Report).

Rockwell Automation (ROK)

Barclays analyst Julian Mitchell maintained a Hold rating on Rockwell Automation on July 27 and set a price target of $212.00. The company’s shares closed last Thursday at $247.23.

According to TipRanks.com, Mitchell is a 5-star analyst with an average return of 11.4% and a 60.9% success rate. Mitchell covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Lennox International.

Currently, the analyst consensus on Rockwell Automation is a Hold with an average price target of $241.41, implying a -0.7% downside from current levels. In a report issued on July 13, Deutsche Bank also maintained a Hold rating on the stock with a $212.00 price target.

See the top stocks recommended by analysts >>

Nextier Oilfield Solutions (NEX)

Barclays analyst Derek Podhaizer maintained a Buy rating on Nextier Oilfield Solutions on July 27 and set a price target of $17.00. The company’s shares closed last Thursday at $9.75.

According to TipRanks.com, Podhaizer is a 3-star analyst with an average return of 7.8% and a 56.7% success rate. Podhaizer covers the Industrial Goods sector, focusing on stocks such as Liberty Oilfield Services, Ranger Energy Services, and Nabors Industries.

Nextier Oilfield Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $14.10, implying a 35.8% upside from current levels. In a report issued on July 13, Morgan Stanley also maintained a Buy rating on the stock with a $12.00 price target.

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Read More on ROK:

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