Rockwell Automation (ROK) Tops Q2 EPS by 35c; cuts guidance

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Go back to Rockwell Automation (ROK) Tops Q2 EPS by 35c; cuts guidance

Rockwell Automation (ROK) PT Raised to $280 at Jefferies

May 7, 2024 4:02 PM EDT

Jefferies analyst Saree Boroditsky raised the price target on Rockwell Automation (NYSE: ROK) to $280.00 (from $270.00) while maintaining a Hold rating.

The analyst comments "ROK 2Q24 operating results came in ahead of the recently lowered consensus, with the lower full-year 2024 guide coming as no... More

TD Cowen Reiterates Sell Rating on Rockwell Automation (ROK)

May 7, 2024 2:31 PM EDT

TD Cowen analyst Joseph Giordano reiterated a Sell rating and $220.00 price target on Rockwell Automation (NYSE: ROK).

The analyst commented, "Today's cut was messaged, though the magnitude was large. Orders have been our primary concern, and they are simply not materializing fast... More