Rockwell Automation (ROK) PT Raised to $295 at BofA Securities
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Price: $436.20 -3.37%
Rating Summary:
17 Buy, 28 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 50 | New: 9
Rating Summary:
17 Buy, 28 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 50 | New: 9
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BofA Securities analyst Andrew Obin raised the price target on Rockwell Automation (NYSE: ROK) to $295.00 (from $260.00) while maintaining a Buy rating.
- Cyclical upside into 2021: software, recovery, reshoring
- Evolution of software: partnerships and new metrics
- Software acquisitions building a base without big deals
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