Oppenheimer raised the firm’s price target on Rockwell Automation (ROK) to $320 from $300 and keeps an Outperform rating on the shares. The firm notes shares traded up Monday after Rockwell beat the Q1 adjusted EPS consensus estimate on stronger margin performance, reported orders above prior guidance, and reiterated FY25 organic sales/EPS outlook.
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Read More on ROK:
- Rockwell Automation price target raised to $315 from $305 at Baird
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