On Nov 09, major Wall Street analysts update their ratings for $Rockwell Automation (ROK.US)$, with price targets ranging from $255 to $310.
BofA Securities analyst Andrew Obin maintains with a hold rating, and maintains the target price at $285.
Barclays analyst Julian Mitchell maintains with a sell rating, and adjusts the target price from $245 to $255.
Wells Fargo analyst Joe O'Dea maintains with a buy rating, and adjusts the target price from $305 to $310.
Baird analyst Richard Eastman maintains with a buy rating, and adjusts the target price from $280 to $290.
Oppenheimer analyst Noah Kaye maintains with a buy rating, and adjusts the target price from $288 to $300.
Furthermore, according to the comprehensive report, the opinions of $Rockwell Automation (ROK.US)$'s main analysts recently are as follows:
The long-term secular automation opportunity remains intact and could be accelerated in the domestic market, depending on policy directions affecting supply chains and labor costs.
Here are the latest investment ratings and price targets for $Rockwell Automation (ROK.US)$ from 6 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
