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Wells Fargo Maintains Rockwell Automation(ROK.US) With Buy Rating, Maintains Target Price $305

Futu News ·  Oct 21 18:34  · Ratings

Wells Fargo analyst Joe O'Dea maintains $Rockwell Automation (ROK.US)$ with a buy rating, and maintains the target price at $305.

According to TipRanks data, the analyst has a success rate of 61.0% and a total average return of 9.0% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Rockwell Automation (ROK.US)$'s main analysts recently are as follows:

  • Ahead of Rockwell Automation's fiscal Q4 earnings report and the 2025 earnings guidance expected in early November, there's anticipation around the guidance provided by the company. It is crucial for the guidance to be sufficiently cautious in order to recalibrate expectations, yet not so much as to cause alarm over potential fundamental problems with the business structure. An adjusted EPS in the range of approximately $8.50 to $9.50 for FY25 is seen as a feasible baseline.

  • Adjustments have been made to various electrical equipment and multi-industry models in anticipation of the third-quarter earnings season, taking into account corporate feedback, portfolio updates, channel checks, and related incoming data. This reassessment has been influenced by higher valuations across the sector, which have elevated the overall market.

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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