CLSA Downgrades Rockwell Automation (ROK) to Underperform

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Go back to CLSA Downgrades Rockwell Automation (ROK) to Underperform

Rockwell Automation (ROK) Set for Weak October/November; UBS Cuts Price Target to $120

November 11, 2015 9:58 AM EST

UBS reiterated a Buy rating on Rockwell Automation (NYSE: ROK), and cut the price target to $120.00 (from $135.00), following the company's 4Q earnings report. September was down 10% in the U.S. and October/early November do not look any better. The U.S. was... More