Mizuho analyst Brett Linzey raised the firm’s price target on Rockwell Automation to $260 from $250 and keeps a Neutral rating on the shares following the Q1 results. The company’s supply chain is easing, allowing for backlog fulfillment, the analyst tells investors in a research note.
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Published first on TheFly
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- Rockwell Automation sees FY23 EPS $10.70-$11.50, consensus $10.56
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