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Rockwell Automation (ROK): New Buy Recommendation for This Technology Giant

Morgan Stanley analyst Joshua Pokrzywinski maintained a Buy rating on Rockwell Automation (ROKResearch Report) today and set a price target of $284.00. The company’s shares opened today at $262.40.

According to TipRanks, Pokrzywinski is a 4-star analyst with an average return of 6.8% and a 57.63% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Lennox International, Ametek, and Dover.

Rockwell Automation has an analyst consensus of Hold, with a price target consensus of $247.42.

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The company has a one-year high of $333.42 and a one-year low of $188.36. Currently, Rockwell Automation has an average volume of 703.3K.

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

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