Rockwell Automation price target raised to $450 from $430 at BofA
BofA raised the firm’s price target on Rockwell Automation (ROK) to $450 from $430 and keeps a Buy rating on the shares, noting that the company beat consensus revenue and EPS for the fourth consecutive quarter. FY26 adjusted EPS guidance was walked up, but management held the 2%-6% year-over-year organic sales guidance in what the firm calls a “conservative stance on guidance.”
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