Information Provided By:
Fly News Breaks for October 29, 2015
ROK
Oct 29, 2015 | 08:11 EDT
As previously reported, BofA/Merrill downgraded to Underperform from Neutral and maintained its $110 price target on shares. Analyst Andrew Obin believes Rockwell's organic growth story and earnings will be pressured by the ongoing slow macroenvironment. Obin believes we are at the end of the China led capex investment cycle and sees evidence of an industrial recession, which will negatively impact Rockwell's highly exposed heavy industrial end markets.
News For ROK From the Last 2 Days
There are no results for your query ROK