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Rockwell Automation price target lowered to $293 from $305 at Wells Fargo

Wells Fargo analyst Joseph O’Dea lowered the firm’s price target on Rockwell Automation to $293 from $305 and keeps an Overweight rating on the shares. The firm thinks consensus for 2025 will settle around +LSD organic and a low $10 adjusted EPS. Wells’ view is that 2025 could be up mid-/high-single-digit; its adjusted EPS is $11.50.

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