New Buy Rating for Rockwell Automation (ROK), the Technology Giant

Citigroup analyst Andrew Kaplowitz maintained a Buy rating on Rockwell Automation (ROKResearch Report) today and set a price target of $320.00. The company’s shares opened today at $282.75.

Kaplowitz covers the Industrial Goods sector, focusing on stocks such as General Electric, 3M, and Aecom Technology. According to TipRanks, Kaplowitz has an average return of 13.5% and a 62.85% success rate on recommended stocks.

In addition to Citigroup, Rockwell Automation also received a Buy from Robert W. Baird’s Richard Eastman in a report issued today. However, on the same day, Barclays maintained a Hold rating on Rockwell Automation (NYSE: ROK).

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $294.21 and a one-year low of $188.36. Currently, Rockwell Automation has an average volume of 744.3K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Wisconsin-based Rockwell Automation, Inc. provides industrial automation and digital transformation. The company operates through three segments: Intelligent Devices, Software & Control, Lifecycle Services.

Read More on ROK:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More