UBS last night downgraded Rockwell Automation (ROK) to Neutral from Buy with a price target of $313, down from $325, after assuming coverage of the name. The company reset expectations but visibility remains low, the analyst tells investors in a research note.
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Read More on ROK:
- Rockwell Automation initiated with an Outperform at Exane BNP Paribas
- Rockwell Automation downgraded to Neutral from Buy at UBS
- Rockwell Automation price target lowered to $273 from $282 at Deutsche Bank
- Rockwell Automation price target raised to $255 from $245 at Barclays
- Rockwell Automation price target raised to $290 from $280 at Baird