Langenberg & Company Downgrades Rockwell Automation (ROK) to Hold
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Price: $449.37 +0.87%
Rating Summary:
17 Buy, 28 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
17 Buy, 28 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Langenberg & Company downgraded Rockwell Automation (NYSE: ROK) from Buy to Hold with a price target of $85.00.
"We may be leaving some money on the table (the shares have approached $100) with a 2H13 China industrial recovery in the offing – but it is about risk-adjusted return," the firm comments.
For an analyst ratings summary and ratings history on Rockwell Automation click here. For more ratings news on Rockwell Automation click here.
Shares of Rockwell Automation closed at $83.94 yesterday.
"We may be leaving some money on the table (the shares have approached $100) with a 2H13 China industrial recovery in the offing – but it is about risk-adjusted return," the firm comments.
For an analyst ratings summary and ratings history on Rockwell Automation click here. For more ratings news on Rockwell Automation click here.
Shares of Rockwell Automation closed at $83.94 yesterday.
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