Rockwell Automation Announces New Chief Financial Officer

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Rockwell Automation (ROK) PT Raised to $300 at Jefferies

July 18, 2024 8:51 AM EDT

Jefferies analyst Saree Boroditsky raised the price target on Rockwell Automation (NYSE: ROK) to $300.00 (from $280.00) while maintaining a Hold rating.

The analyst comments "We are looking for negative earnings revisions for 2024 as the implied 4Q24 order ramp of ~$2.4bn is likely optimistic... More